State Street SPDR Bloomberg Convertible Securities ETF
462 hedge funds and large institutions have $2.94B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 139 increasing their positions, 193 reducing their positions, and 51 closing their positions.
15% more capital inflows, than outflows
Capital inflows: $303M | Capital outflows: $264M
5% less call options, than puts
Call options by funds: $1.74M | Put options by funds: $1.83M
2.43% less ownership
Funds ownership: 68.52% → 66.09% (-2.4%)
3% less funds holding
Funds holding: 475 → 462 (-13)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
20% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 51
28% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 193
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$20.9M |
| 2 |
Goldman Sachs
New York
|
+$17.9M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$16.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$15.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ocean Park Asset Management
Santa Monica,
California
|
-$34.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.5M |
| 3 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$17.5M |
| 4 |
ACT Advisors
Asheville,
North Carolina
|
-$15.8M |
| 5 |
Syntegra Private Wealth Group
Chesterfield,
Missouri
|
-$12M |
CWB Hedge Fund Activity: Q3 2023 in Review
462 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2023, worth a combined $2.94B — down 2.4% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CWB and 41 opened new positions — a net loss of 10 holders — while 193 trimmed existing stakes and 139 added.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $20.9M. The largest seller was Ocean Park Asset Management, exiting entirely with an estimated $34.4M sold.
- 462 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2023, down from 475 in Q2 2023.
- Funds reported $2.94B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2023, down 2.4% quarter-over-quarter.
- 41 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2023 and 51 closed out, a net change of -10 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $20.9M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2023 was Ocean Park Asset Management, an estimated $34.4M sold.
Based on aggregated 13F filings for Q3 2023.