State Street SPDR Bloomberg Convertible Securities ETF
474 hedge funds and large institutions have $3.01B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2023 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 129 increasing their positions, 177 reducing their positions, and 36 closing their positions.
106,900% more call options, than puts
Call options by funds: $2.14M | Put options by funds: $2K
111% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 36
47% more capital invested
Capital invested by funds: $2.05B → $3.01B (+$957M)
44% more funds holding in top 10
Funds holding in top 10: 16 → 23 (+7)
12.17% more ownership
Funds ownership: 56.34% → 68.51% (+12%)
8% more funds holding
Funds holding: 437 → 474 (+37)
27% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 177
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$164M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$147M |
| 3 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$125M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$83.8M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$51.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conservest Capital Advisors
Wynnewood,
Pennsylvania
|
-$35.6M |
| 2 |
IWS
Insight Wealth Strategies
San Ramon,
California
|
-$25.6M |
| 3 |
Morgan Stanley
New York
|
-$18.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.4M |
CWB Hedge Fund Activity: Q2 2023 in Review
474 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2023, worth a combined $3.01B — up 47% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new CWB positions and 36 closed out — a net gain of 40 holders — while 129 added to existing stakes and 177 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $164M. The largest seller was Conservest Capital Advisors, exiting entirely with an estimated $35.6M sold.
- 474 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2023, up from 437 in Q1 2023.
- Funds reported $3.01B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2023, up 47% quarter-over-quarter.
- 76 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2023 and 36 closed out, a net change of +40 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2023 was AssetMark Inc, an estimated $164M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2023 was Conservest Capital Advisors, an estimated $35.6M sold.
Based on aggregated 13F filings for Q2 2023.