State Street SPDR Bloomberg Convertible Securities ETF
470 hedge funds and large institutions have $2.56B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2025 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 139 increasing their positions, 179 reducing their positions, and 83 closing their positions.
2.18% less ownership
Funds ownership: 68.75% → 66.57% (-2.2%)
10% less funds holding
Funds holding: 522 → 470 (-52)
22% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 179
32% less funds holding in top 10
Funds holding in top 10: 22 → 15 (-7)
49% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 83
72% less capital inflows, than outflows
Capital inflows: $141M | Capital outflows: $513M
100% less call options, than puts
Call options by funds: $230K | Put options by funds: $66.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$27M |
| 2 |
Quadrature Capital
London,
United Kingdom
|
+$12M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.6M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$125M |
| 2 |
Ocean Park Asset Management
Santa Monica,
California
|
-$67.8M |
| 3 |
GeoWealth Management
Chicago,
Illinois
|
-$18.2M |
| 4 |
Potomac Fund Management
Miami,
Florida
|
-$15.5M |
| 5 |
SIA
Strategic Investment Advisors
Farmington Hills,
Michigan
|
-$14M |
CWB Hedge Fund Activity: Q1 2025 in Review
470 of the 7,489 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2025, worth a combined $2.56B — down 14% from $2.98B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of CWB and 42 opened new positions — a net loss of 41 holders — while 179 trimmed existing stakes and 139 added.
The largest buyer was Ameriprise, adding an estimated $27M. The largest seller was AssetMark Inc, cutting an estimated $125M.
- 470 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2025, down from 522 in Q4 2024.
- Funds reported $2.56B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2025, down 14% quarter-over-quarter.
- 42 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2025 and 83 closed out, a net change of -41 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2025 was Ameriprise, an estimated $27M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2025 was AssetMark Inc, an estimated $125M sold.
Based on aggregated 13F filings for Q1 2025.