State Street SPDR Bloomberg Convertible Securities ETF
520 hedge funds and large institutions have $4.03B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2021 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 169 increasing their positions, 174 reducing their positions, and 60 closing their positions.
65% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 60
6% more funds holding
Funds holding: 489 → 520 (+31)
2.05% more ownership
Funds ownership: 60.22% → 62.27% (+2.1%)
3% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 174
5% less capital invested
Capital invested by funds: $4.23B → $4.03B (-$200M)
15% less funds holding in top 10
Funds holding in top 10: 33 → 28 (-5)
96% less call options, than puts
Call options by funds: $3.47M | Put options by funds: $83.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$263M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$27M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$22.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$137M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$136M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$74.9M |
| 4 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$57.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$48.3M |
CWB Hedge Fund Activity: Q4 2021 in Review
520 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2021, worth a combined $4.03B — down 4.7% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new CWB positions and 60 closed out — a net gain of 39 holders — while 169 added to existing stakes and 174 trimmed.
The largest buyer was US Bancorp, adding an estimated $263M. The largest seller was AssetMark Inc, cutting an estimated $137M.
- 520 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2021, up from 489 in Q3 2021.
- Funds reported $4.03B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2021, down 4.7% quarter-over-quarter.
- 99 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2021 and 60 closed out, a net change of +39 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2021 was US Bancorp, an estimated $263M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2021 was AssetMark Inc, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2021.