State Street SPDR Bloomberg Convertible Securities ETF
438 hedge funds and large institutions have $2.05B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 115 increasing their positions, 179 reducing their positions, and 70 closing their positions.
19,017% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $12K
3.68% less ownership
Funds ownership: 60.03% → 56.35% (-3.7%)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
7% less funds holding
Funds holding: 473 → 438 (-35)
31% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 70
36% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 179
73% less capital inflows, than outflows
Capital inflows: $192M | Capital outflows: $719M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$30M |
| 2 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$23.2M |
| 3 |
Morgan Stanley
New York
|
+$13.6M |
| 4 |
H&H Retirement Design & Management
Las Vegas,
Nevada
|
+$11.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$246M |
| 2 |
Jane Street
New York
|
-$119M |
| 3 |
Goldman Sachs
New York
|
-$34.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$33.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$31.9M |
CWB Hedge Fund Activity: Q1 2023 in Review
438 of the 6,290 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2023, worth a combined $2.05B — down 17% from $2.49B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of CWB and 48 opened new positions — a net loss of 22 holders — while 179 trimmed existing stakes and 115 added.
The largest buyer was Ameriprise, adding an estimated $30M. The largest seller was AssetMark Inc, cutting an estimated $246M.
- 438 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2023, down from 473 in Q4 2022.
- Funds reported $2.05B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2023, down 17% quarter-over-quarter.
- 48 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2023 and 70 closed out, a net change of -22 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2023 was Ameriprise, an estimated $30M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2023 was AssetMark Inc, an estimated $246M sold.
Based on aggregated 13F filings for Q1 2023.