State Street SPDR Bloomberg Convertible Securities ETF
466 hedge funds and large institutions have $2.23B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2024 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 138 increasing their positions, 174 reducing their positions, and 37 closing their positions.
66% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $716K
38% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 37
2% more funds holding
Funds holding: 459 → 466 (+7)
1.47% less ownership
Funds ownership: 61.88% → 60.41% (-1.5%)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
21% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 174
25% less capital inflows, than outflows
Capital inflows: $208M | Capital outflows: $276M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$23M |
| 2 |
ACT Advisors
Asheville,
North Carolina
|
+$15.9M |
| 3 |
Lloyd Advisory Services
Suwanee,
Georgia
|
+$15.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$14.1M |
| 5 |
Ocean Park Asset Management
Santa Monica,
California
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA Advisory Group
Des Moines,
Iowa
|
-$74.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$22.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.7M |
| 4 |
New York Life Investment Management
New York
|
-$21.1M |
| 5 |
Morgan Stanley
New York
|
-$12.4M |
CWB Hedge Fund Activity: Q1 2024 in Review
466 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2024, worth a combined $2.23B — down 2.2% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CWB positions and 37 closed out — a net gain of 14 holders — while 138 added to existing stakes and 174 trimmed.
The largest buyer was Jane Street, adding an estimated $23M. The largest seller was RIA Advisory Group, exiting entirely with an estimated $74.1M sold.
- 466 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2024, up from 459 in Q4 2023.
- Funds reported $2.23B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2024, down 2.2% quarter-over-quarter.
- 51 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2024 and 37 closed out, a net change of +14 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2024 was Jane Street, an estimated $23M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2024 was RIA Advisory Group, an estimated $74.1M sold.
Based on aggregated 13F filings for Q1 2024.