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State Street SPDR Bloomberg Convertible Securities ETF

399 hedge funds and large institutions have $2.94B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2020 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 129 increasing their positions, 161 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more call options, than puts

Call options by funds: $1.88M | Put options by funds: $289K

48% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 33

10% more capital invested

Capital invested by funds: $2.68B → $2.94B (+$259M)

3% more funds holding

Funds holding: 386399 (+13)

0.51% less ownership

Funds ownership: 57.89%57.38% (-0.51%)

4% less funds holding in top 10

Funds holding in top 10: 2827 (-1)

20% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 161

Holders
399
Holders Change
+13
Holders Change %
+3.37%
% of All Funds
8.05%
Holding in Top 10
27
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.57%
% of All Funds
0.54%
New
49
Increased
129
Reduced
161
Closed
33
Calls
$1.88M
Puts
$289K
Net Calls
+$1.59M
Net Calls Change
-$207M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$247M -$6.66M -100,365 -3%
Morgan Stanley
2
Morgan Stanley
New York
$203M +$104K +1,573 +0.1%
Wells Fargo
3
Wells Fargo
California
$162M +$1.49M +22,527 +1%
Deutsche Bank
4
Deutsche Bank
Germany
$116M +$25.9M +390,785 +30%
AssetMark Inc
5
AssetMark Inc
California
$102M +$87M +1,311,162 +794%
HCM
6
Howard Capital Management
Georgia
$97.1M +$1.1M +16,553 +1%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$83.7M +$261K +3,937 +0.3%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$83.3M -$12.4M -186,258 -13%
IA
9
IndexIQ Advisors
New York
$77.4M +$46.2M +695,601 +163%
UBS Group
10
UBS Group
Switzerland
$71M -$2.05M -30,853 -3%
MFM
11
MD Financial Management
Ontario, Canada
$68.7M +$3.08M +46,375 +5%
Ameriprise
12
Ameriprise
Minnesota
$61.3M +$1.06M +15,949 +2%
CCA
13
Conservest Capital Advisors
Pennsylvania
$61.2M -$529K -7,967 -0.9%
QI
14
QS Investors
New York
$61M -$13.6M -204,329 -19%
LPL Financial
15
LPL Financial
California
$52.7M +$4.59M +69,140 +10%
Osaic Holdings
16
Osaic Holdings
Arizona
$46.6M +$1.28M +19,298 +3%
Goldman Sachs
17
Goldman Sachs
New York
$42.5M +$19.1M +288,422 +88%
PWAG
18
Polaris Wealth Advisory Group
California
$38.2M -$20.2M -304,811 -36%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$35.5M +$5.64M +85,048 +20%
BPC
20
Banque Pictet & Cie
Switzerland
$33.9M -$1M -15,097 -3%
PNAA
21
Pictet North America Advisors
Switzerland
$33.6M -$1.07M -16,155 -3%
State Street
22
State Street
Massachusetts
$29.8M -$16.1M -242,244 -36%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$29.3M +$6.89M +103,882 +32%
GC
24
Guggenheim Capital
Illinois
$28.9M +$165K +2,487 +0.6%
IWS
25
Insight Wealth Strategies
California
$28.4M +$10.5M +158,494 +63%

CWB Hedge Fund Activity: Q3 2020 in Review

399 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2020, worth a combined $2.94B — up 9.7% from $2.68B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new CWB positions and 33 closed out — a net gain of 16 holders — while 129 added to existing stakes and 161 trimmed.

The largest buyer was AssetMark Inc, adding an estimated $87M. The largest seller was Horizon Investments, cutting an estimated $78.2M.

  • 399 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2020, up from 386 in Q2 2020.
  • Funds reported $2.94B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2020, up 9.7% quarter-over-quarter.
  • 49 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2020 and 33 closed out, a net change of +16 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2020 was AssetMark Inc, an estimated $87M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2020 was Horizon Investments, an estimated $78.2M sold.

Based on aggregated 13F filings for Q3 2020.