State Street SPDR Bloomberg Convertible Securities ETF
CWB
439 hedge funds and large institutions have $2.02B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2024 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 114 increasing their positions, 188 reducing their positions, and 47 closing their positions.
1.72% less ownership
Funds ownership: 60.41% → 58.69% (-1.7%)
6% less funds holding
Funds holding: 466 → 439 (-27)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
36% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 47
39% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 188
56% less call options, than puts
Call options by funds: $346K | Put options by funds: $793K
61% less capital inflows, than outflows
Capital inflows: $109M | Capital outflows: $282M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Redwood Investment Management
Scottsdale,
Arizona
|
+$18.4M |
| 2 |
Elequin Capital
New York
|
+$13.6M |
| 3 |
Goodman Advisory Group
Needham,
Massachusetts
|
+$11M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$6.72M |
| 5 |
Estate Counselors
Thiensville,
Wisconsin
|
+$5.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$16.3M |
| 2 |
ACT Advisors
Asheville,
North Carolina
|
-$16.2M |
| 3 |
Jane Street
New York
|
-$15.9M |
| 4 |
GeoWealth Management
Chicago,
Illinois
|
-$14.9M |
| 5 |
Advisors Preferred
Rockville,
Maryland
|
-$14.6M |
CWB Hedge Fund Activity: Q2 2024 in Review
439 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2024, worth a combined $2.02B — down 9.5% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CWB and 30 opened new positions — a net loss of 17 holders — while 188 trimmed existing stakes and 114 added.
The largest buyer was Redwood Investment Management, opening a new position worth an estimated $18.4M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $16.3M.
- 439 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2024, down from 466 in Q1 2024.
- Funds reported $2.02B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2024, down 9.5% quarter-over-quarter.
- 30 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2024 and 47 closed out, a net change of -17 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2024 was Redwood Investment Management, an estimated $18.4M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2024 was BNP Paribas Financial Markets, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2024.