We are live on ! Find out more
CWB icon

State Street SPDR Bloomberg Convertible Securities ETF
CWB

438 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, 187 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.75% less ownership

Funds ownership: 60.43% → 58.68% (-1.7%)

6% less funds holding

Funds holding: 465 → 438 (-27)

9% less capital invested

Capital invested by funds: $2.23B → $2.02B (-$211M)

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: 187

56% less call options, than puts

Call options by funds: $346K | Put options by funds: $793K

Holders
438
Holders Change
-27
Holders Change %
-5.81%
% of All Funds
6.33%
Holding in Top 10
9
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-35.71%
% of All Funds
0.13%
New
30
Increased
114
Reduced
187
Closed
47
Calls
$346K
Puts
$793K
Net Calls
-$447K
Net Calls Change
-$922K

Top Buyers

1
RIM
Redwood Investment Management
Arizona
+$18.4M
2
EC
Elequin Capital
New York
+$13.6M
3
GAG
Goodman Advisory Group
Massachusetts
+$11M
4
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
+$6.72M
5
EC
Estate Counselors
Wisconsin
+$5.04M

Top Sellers

1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$16.3M
2
AA
ACT Advisors
North Carolina
-$16.2M
3
Jane Street
Jane Street
New York
-$15.9M
4
GM
GeoWealth Management
Illinois
-$14.9M
5
AP
Advisors Preferred
Maryland
-$14.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$186M -$9.49M -132,576 -5%
Goldman Sachs
2
Goldman Sachs
New York
$128M -$982K -13,726 -0.8%
Morgan Stanley
3
Morgan Stanley
New York
$125M -$2.73M -38,094 -2%
Bessemer Group
4
Bessemer Group
New Jersey
$91.7M – – –
LPL Financial
5
LPL Financial
California
$76.6M -$3.74M -52,192 -5%
Ameriprise
6
Ameriprise
Minnesota
$68M +$3.46M +48,293 +5%
Wells Fargo
7
Wells Fargo
California
$67.8M -$4.11M -57,427 -6%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$63.7M -$2.6M -36,282 -4%
NYLIM
9
New York Life Investment Management
New York
$54.2M -$12.1M -169,274 -18%
Deutsche Bank
10
Deutsche Bank
Germany
$45.9M -$431K -6,025 -0.9%
OPAM
11
Ocean Park Asset Management
California
$41.4M +$154K +2,158 +0.4%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$36.2M -$7.08M -98,922 -16%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$35.6M -$516K -7,205 -1%
UBS Group
14
UBS Group
Switzerland
$34.2M -$1.66M -23,242 -5%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$33.1M +$2.67M +37,321 +9%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$28.8M +$16.7K +233 +0.1%
HHRDM
17
H&H Retirement Design & Management
Nevada
$27.5M +$266K +3,711 +1%
FBB
18
Fulton Breakefield Broenniman
Maryland
$24M -$78.1K -1,091 -0.3%
EC
19
Elequin Capital
New York
$19.9M +$13.6M +190,006 +222%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$19.6M -$550K -7,687 -3%
DWM
21
Dakota Wealth Management
Florida
$19.3M -$1.52M -21,235 -7%
RIM
22
Redwood Investment Management
Arizona
$18.5M +$18.4M +257,186 New
Barclays
23
Barclays
United Kingdom
$18.5M – – –
GC
24
Guggenheim Capital
Illinois
$17.1M +$359K +5,013 +2%
AllianceBernstein
25
AllianceBernstein
Tennessee
$16.5M +$1.81M +25,265 +12%
1
2 3 4 5

CWB Hedge Fund Activity: Q2 2024 in Review

438 of the 6,924 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 187 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.

  • 438 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2024, down from 465 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.