State Street SPDR Bloomberg Convertible Securities ETF
270 hedge funds and large institutions have $2.2B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 119 increasing their positions, 74 reducing their positions, and 14 closing their positions.
186% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 14
61% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 74
11% more funds holding
Funds holding: 244 → 270 (+26)
7% more capital invested
Capital invested by funds: $2.05B → $2.2B (+$145M)
2.18% less ownership
Funds ownership: 59.11% → 56.93% (-2.2%)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
75% less call options, than puts
Call options by funds: $268K | Put options by funds: $1.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$105M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$20.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.1M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$13.2M |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$73.4M |
| 2 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
-$42.7M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$23.1M |
| 4 |
SG Americas Securities
New York
|
-$10.4M |
| 5 |
Morgan Stanley
New York
|
-$7.16M |
CWB Hedge Fund Activity: Q2 2017 in Review
270 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2017, worth a combined $2.2B — up 7.1% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CWB positions and 14 closed out — a net gain of 26 holders — while 119 added to existing stakes and 74 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $105M. The largest seller was Nan Shan Life Insurance, cutting an estimated $73.4M.
- 270 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2017, up from 244 in Q1 2017.
- Funds reported $2.2B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2017, up 7.1% quarter-over-quarter.
- 40 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2017 and 14 closed out, a net change of +26 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2017 was AssetMark Inc, an estimated $105M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2017 was Nan Shan Life Insurance, an estimated $73.4M sold.
Based on aggregated 13F filings for Q2 2017.