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State Street SPDR Bloomberg Convertible Securities ETF

486 hedge funds and large institutions have $2.98B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2022 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 142 increasing their positions, 213 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.78% less ownership

Funds ownership: 62.35%60.57% (-1.8%)

7% less funds holding

Funds holding: 521486 (-35)

11% less funds holding in top 10

Funds holding in top 10: 2825 (-3)

26% less capital invested

Capital invested by funds: $4.03B → $2.98B (-$1.04B)

33% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 213

40% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 70

93% less call options, than puts

Call options by funds: $1.98M | Put options by funds: $28.5M

Holders
486
Holders Change
-35
Holders Change %
-6.72%
% of All Funds
7.67%
Holding in Top 10
25
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10.71%
% of All Funds
0.39%
New
42
Increased
142
Reduced
213
Closed
70
Calls
$1.98M
Puts
$28.5M
Net Calls
-$26.5M
Net Calls Change
+$53.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$246M -$23.1M -301,916 -9%
Morgan Stanley
2
Morgan Stanley
New York
$191M -$21.1M -276,325 -10%
Wells Fargo
3
Wells Fargo
California
$158M -$16.5M -215,181 -9%
IA
4
IndexIQ Advisors
New York
$114M +$30.8M +402,088 +37%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$103M +$32.1M +419,351 +46%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$102M -$742K -9,697 -0.7%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$87.6M -$12.3M -160,928 -12%
LPL Financial
8
LPL Financial
California
$83M -$16.6M -216,764 -17%
Deutsche Bank
9
Deutsche Bank
Germany
$81.8M -$10.4M -135,815 -11%
Goldman Sachs
10
Goldman Sachs
New York
$76.9M +$13M +169,464 +20%
AWM
11
AE Wealth Management
Kansas
$69.3M +$66.2M +865,295 +2,445%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$67.5M -$112M -1,457,952 -62%
UBS Group
13
UBS Group
Switzerland
$62.2M -$11.1M -144,940 -15%
Ameriprise
14
Ameriprise
Minnesota
$57.8M -$23.1M -301,876 -29%
CCA
15
Conservest Capital Advisors
Pennsylvania
$51.8M +$1.66M +21,700 +3%
AllianceBernstein
16
AllianceBernstein
Tennessee
$45.8M +$1.03M +13,452 +2%
BPC
17
Banque Pictet & Cie
Switzerland
$44.9M +$1.98M +25,860 +5%
PNAA
18
Pictet North America Advisors
Switzerland
$44.7M +$2.07M +27,047 +5%
Jane Street
19
Jane Street
New York
$42.7M +$42.5M +554,926 New
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$42.1M -$8.87M -115,974 -17%
Truist Financial
21
Truist Financial
North Carolina
$35.9M -$3.79M -49,478 -10%
SFS
22
Sowell Financial Services
Arkansas
$32.3M +$43.9M +574,419 +1,398%
B
23
Barings
North Carolina
$31.9M
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$29.6M -$2.16M -28,239 -7%
AA
25
Advisory Alpha
Michigan
$28M +$7.37M +96,352 +36%

CWB Hedge Fund Activity: Q1 2022 in Review

486 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2022, worth a combined $2.98B — down 26% from $4.03B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of CWB and 42 opened new positions — a net loss of 28 holders — while 213 trimmed existing stakes and 142 added.

The largest buyer was AE Wealth Management, adding an estimated $66.2M. The largest seller was US Bancorp, cutting an estimated $235M.

  • 486 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2022, down from 521 in Q4 2021.
  • Funds reported $2.98B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2022, down 26% quarter-over-quarter.
  • 42 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2022 and 70 closed out, a net change of -28 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2022 was AE Wealth Management, an estimated $66.2M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2022 was US Bancorp, an estimated $235M sold.

Based on aggregated 13F filings for Q1 2022.