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State Street SPDR Bloomberg Convertible Securities ETF

268 hedge funds and large institutions have $2.27B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 130 increasing their positions, 69 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 69

14% more funds holding in top 10

Funds holding in top 10: 2124 (+3)

3% more capital invested

Capital invested by funds: $2.2B → $2.27B (+$72.5M)

3% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 31

1% less funds holding

Funds holding: 270268 (-2)

2.08% less ownership

Funds ownership: 56.93%54.85% (-2.1%)

51% less call options, than puts

Call options by funds: $312K | Put options by funds: $633K

Holders
268
Holders Change
-2
Holders Change %
-0.74%
% of All Funds
6.68%
Holding in Top 10
24
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+14.29%
% of All Funds
0.6%
New
32
Increased
130
Reduced
69
Closed
31
Calls
$312K
Puts
$633K
Net Calls
-$321K
Net Calls Change
+$498K
Name Holding Trade Value Shares
Change
Change in
Stake
NSLI
1
Nan Shan Life Insurance
Taiwan
$197M +$78M +1,541,095 +67%
QI
2
QS Investors
New York
$169M +$1.45M +28,676 +0.9%
Bank of America
3
Bank of America
North Carolina
$167M -$7.01M -138,413 -4%
Wells Fargo
4
Wells Fargo
California
$163M +$44M +869,268 +37%
Morgan Stanley
5
Morgan Stanley
New York
$156M +$1.99M +39,287 +1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$139M +$1.32M +26,102 +1%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$66.9M +$7.72M +152,565 +13%
UBS Group
8
UBS Group
Switzerland
$57.1M +$961K +18,988 +2%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$48.8M -$13.5M -267,220 -22%
Ameriprise
10
Ameriprise
Minnesota
$48.6M +$7.7M +152,171 +19%
LPL Financial
11
LPL Financial
California
$41.2M +$12M +236,573 +41%
RJA
12
Raymond James & Associates
Florida
$39M +$3.33M +65,707 +9%
CCA
13
Conservest Capital Advisors
Pennsylvania
$36.7M +$36.4M +719,569 New
Prudential Financial
14
Prudential Financial
New Jersey
$36M -$5.07M -100,179 -12%
PWAG
15
Polaris Wealth Advisory Group
California
$35.3M +$3.53M +69,719 +11%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$32.8M +$2.63M +51,985 +9%
State Street
17
State Street
Massachusetts
$28.6M +$8.07M +159,354 +40%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$25M +$2.75M +54,361 +12%
Goldman Sachs
19
Goldman Sachs
New York
$24M -$7.33M -144,737 -24%
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$23.9M +$340K +6,716 +1%
GC
21
Guggenheim Capital
Illinois
$22.4M +$3.55M +70,141 +19%
FAAS
22
First Allied Advisory Services
California
$19.4M +$3.57M +70,451 +23%
BPC
23
Banque Pictet & Cie
Switzerland
$19.1M -$1.74M -34,288 -8%
PNAA
24
Pictet North America Advisors
Switzerland
$18.7M -$1.74M -34,288 -9%
GIM
25
Goelzer Investment Management
Indiana
$16.4M -$87.9K -1,737 -0.5%

CWB Hedge Fund Activity: Q3 2017 in Review

268 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2017, worth a combined $2.27B — up 3.3% from $2.2B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CWB positions and 31 closed out — a net gain of 1 holder — while 130 added to existing stakes and 69 trimmed.

The largest buyer was Nan Shan Life Insurance, adding an estimated $78M. The largest seller was AssetMark Inc, cutting an estimated $109M.

  • 268 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2017, down from 270 in Q2 2017.
  • Funds reported $2.27B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2017, up 3.3% quarter-over-quarter.
  • 32 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2017 and 31 closed out, a net change of +1 holder.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2017 was Nan Shan Life Insurance, an estimated $78M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2017 was AssetMark Inc, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2017.