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State Street SPDR Bloomberg Convertible Securities ETF

199 hedge funds and large institutions have $1.66B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 98 increasing their positions, 51 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

263% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 8

92% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 51

37% more capital invested

Capital invested by funds: $1.2B → $1.66B (+$451M)

36% more funds holding in top 10

Funds holding in top 10: 1115 (+4)

9% more funds holding

Funds holding: 183199 (+16)

5.72% more ownership

Funds ownership: 53.36%59.08% (+5.7%)

62% less call options, than puts

Call options by funds: $445K | Put options by funds: $1.16M

Holders
199
Holders Change
+16
Holders Change %
+8.74%
% of All Funds
5.31%
Holding in Top 10
15
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+36.36%
% of All Funds
0.4%
New
29
Increased
98
Reduced
51
Closed
8
Calls
$445K
Puts
$1.16M
Net Calls
-$717K
Net Calls Change
-$758K
Name Holding Trade Value Shares
Change
Change in
Stake
NSLI
1
Nan Shan Life Insurance
Taiwan
$177M -$17.2M -378,000 -9%
IA
2
IndexIQ Advisors
New York
$170M +$165M +3,619,980 +7,057%
QI
3
QS Investors
New York
$166M -$7.09M -155,434 -4%
Morgan Stanley
4
Morgan Stanley
New York
$162M +$47.5M +1,039,984 +42%
Bank of America
5
Bank of America
North Carolina
$109M +$7.06M +154,753 +7%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$76M +$1.15M +25,253 +2%
Ameriprise
7
Ameriprise
Minnesota
$68.3M +$20.7M +453,398 +44%
Wells Fargo
8
Wells Fargo
California
$66.1M +$10.2M +224,539 +19%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$42.8M -$837K -18,339 -2%
UBS Group
10
UBS Group
Switzerland
$39.8M +$10.2M +224,235 +35%
Goldman Sachs
11
Goldman Sachs
New York
$29.2M +$25.8M +565,530 +877%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$22.9M +$8.28M +181,419 +58%
State Street
13
State Street
Massachusetts
$21.6M +$4.86M +106,575 +30%
LPL Financial
14
LPL Financial
California
$21.3M +$6.66M +145,851 +46%
BPC
15
Banque Pictet & Cie
Switzerland
$18.1M -$1.28M -28,148 -7%
PNAA
16
Pictet North America Advisors
Switzerland
$18.1M -$1.28M -28,148 -7%
BCM
17
Bluefin Capital Management
New York
$16.2M +$16M +349,691 New
GC
18
Guggenheim Capital
Illinois
$15.2M +$1.19M +26,107 +9%
GIM
19
Goelzer Investment Management
Indiana
$14.2M +$596K +13,064 +4%
NC
20
NewSquare Capital
Pennsylvania
$12.1M +$11.9M +260,847 New
AG
21
Advisor Group
Arizona
$11.9M +$2.45M +53,801 +26%
Prudential Financial
22
Prudential Financial
New Jersey
$11.8M +$8.54M +187,230 +276%
HNB
23
Huntington National Bank
Ohio
$11.5M
FAAS
24
First Allied Advisory Services
California
$11.2M -$632K -13,844 -5%
JIR
25
James Investment Research
Ohio
$10.5M -$190K -4,174 -2%

CWB Hedge Fund Activity: Q3 2016 in Review

199 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2016, worth a combined $1.66B — up 37% from $1.2B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new CWB positions and 8 closed out — a net gain of 21 holders — while 98 added to existing stakes and 51 trimmed.

The largest buyer was IndexIQ Advisors, adding an estimated $165M. The largest seller was Nan Shan Life Insurance, cutting an estimated $17.2M.

  • 199 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2016, up from 183 in Q2 2016.
  • Funds reported $1.66B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2016, up 37% quarter-over-quarter.
  • 29 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2016 and 8 closed out, a net change of +21 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2016 was IndexIQ Advisors, an estimated $165M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2016 was Nan Shan Life Insurance, an estimated $17.2M sold.

Based on aggregated 13F filings for Q3 2016.