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iShares Convertible Bond ETF

208 hedge funds and large institutions have $703M invested in iShares Convertible Bond ETF in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 81 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

4% less capital invested

Capital invested by funds: $734M → $703M (-$30.3M)

2.69% less ownership

Funds ownership: 59.64%56.95% (-2.7%)

6% less funds holding

Funds holding: 222208 (-14)

22% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 81

27% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 44

39% less call options, than puts

Call options by funds: $33.6M | Put options by funds: $55.2M

Holders
208
Holders Change
-14
Holders Change %
-6.31%
% of All Funds
3.27%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
32
Increased
63
Reduced
81
Closed
44
Calls
$33.6M
Puts
$55.2M
Net Calls
-$21.6M
Net Calls Change
+$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
KM
251
Kalos Management
Georgia
-$1.6K -22 Closed
AWM
252
Accel Wealth Management
Iowa
-$1.31K -18 Closed
RCM
253
Raleigh Capital Management
North Carolina
-$962 -13 Closed

ICVT Hedge Fund Activity: Q2 2023 in Review

208 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2023, worth a combined $703M — down 4.1% from $734M a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of ICVT and 32 opened new positions — a net loss of 12 holders — while 81 trimmed existing stakes and 63 added.

The largest buyer was Gradient Investments, adding an estimated $27.4M. The largest seller was Jane Street, exiting entirely with an estimated $66.7M sold.

  • 208 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2023, down from 222 in Q1 2023.
  • Funds reported $703M of iShares Convertible Bond ETF stock for Q2 2023, down 4.1% quarter-over-quarter.
  • 32 funds opened new iShares Convertible Bond ETF positions in Q2 2023 and 44 closed out, a net change of -12 holders.
  • The largest iShares Convertible Bond ETF buyer in Q2 2023 was Gradient Investments, an estimated $27.4M added.
  • The largest iShares Convertible Bond ETF seller in Q2 2023 was Jane Street, an estimated $66.7M sold.

Based on aggregated 13F filings for Q2 2023.