State Street SPDR Bloomberg Convertible Securities ETF
459 hedge funds and large institutions have $2.28B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2023 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 102 increasing their positions, 195 reducing their positions, and 65 closing their positions.
137% more call options, than puts
Call options by funds: $3.17M | Put options by funds: $1.34M
6% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 65
1% less funds holding
Funds holding: 462 → 459 (-3)
4.21% less ownership
Funds ownership: 66.09% → 61.88% (-4.2%)
23% less funds holding in top 10
Funds holding in top 10: 22 → 17 (-5)
48% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 195
76% less capital inflows, than outflows
Capital inflows: $243M | Capital outflows: $1.03B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA Advisory Group
Des Moines,
Iowa
|
+$55.1M |
| 2 |
Ocean Park Asset Management
Santa Monica,
California
|
+$27.7M |
| 3 |
H&H Retirement Design & Management
Las Vegas,
Nevada
|
+$18.4M |
| 4 |
Renaissance Technologies
New York
|
+$12.3M |
| 5 |
Goodman Advisory Group
Needham,
Massachusetts
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$160M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$145M |
| 3 |
Howard Capital Management
Roswell,
Georgia
|
-$130M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$64.8M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$53.4M |
CWB Hedge Fund Activity: Q4 2023 in Review
459 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2023, worth a combined $2.28B — down 22% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new CWB positions and 65 closed out — a net gain of 4 holders — while 102 added to existing stakes and 195 trimmed.
The largest buyer was RIA Advisory Group, opening a new position worth an estimated $55.1M. The largest seller was AssetMark Inc, cutting an estimated $160M.
- 459 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2023, down from 462 in Q3 2023.
- Funds reported $2.28B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2023, down 22% quarter-over-quarter.
- 69 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2023 and 65 closed out, a net change of +4 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2023 was RIA Advisory Group, an estimated $55.1M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2023 was AssetMark Inc, an estimated $160M sold.
Based on aggregated 13F filings for Q4 2023.