State Street SPDR Bloomberg Convertible Securities ETF
490 hedge funds and large institutions have $4.23B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2021 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 195 increasing their positions, 156 reducing their positions, and 39 closing their positions.
171% more call options, than puts
Call options by funds: $350M | Put options by funds: $129M
25% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 156
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
3% more funds holding in top 10
Funds holding in top 10: 32 → 33 (+1)
0% less funds holding
Funds holding: 491 → 490 (-1)
7% less capital inflows, than outflows
Capital inflows: $486M | Capital outflows: $523M
5.8% less ownership
Funds ownership: 66.03% → 60.23% (-5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
+$67.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$48.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.7M |
| 4 |
GeoWealth Management
Chicago,
Illinois
|
+$24.5M |
| 5 |
Barings
Charlotte,
North Carolina
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$306M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$24.3M |
| 3 |
MD Financial Management
Ottawa,
Ontario, Canada
|
-$21.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$14.8M |
| 5 |
IndexIQ Advisors
New York
|
-$13.3M |
CWB Hedge Fund Activity: Q3 2021 in Review
490 of the 5,731 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2021, worth a combined $4.23B — down 2.3% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CWB positions and 39 closed out — a net gain of 8 holders — while 195 added to existing stakes and 156 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $67.5M. The largest seller was Jane Street, cutting an estimated $306M.
- 490 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2021, down from 491 in Q2 2021.
- Funds reported $4.23B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2021, down 2.3% quarter-over-quarter.
- 47 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2021 and 39 closed out, a net change of +8 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2021 was AE Wealth Management, an estimated $67.5M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2021 was Jane Street, an estimated $306M sold.
Based on aggregated 13F filings for Q3 2021.