iShares Convertible Bond ETF
ICVT
351 hedge funds and large institutions have $1.66B invested in iShares Convertible Bond ETF in 2025 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 166 increasing their positions, 99 reducing their positions, and 33 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 99
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
1% more funds holding
Funds holding: 347 → 351 (+4)
3% less capital invested
Capital invested by funds: $1.7B → $1.66B (-$42.8M)
1.11% less ownership
Funds ownership: 66.24% → 65.13% (-1.1%)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
35% less call options, than puts
Call options by funds: $8.9M | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$28.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$21.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$21.4M |
| 4 |
BWP
BlueStem Wealth Partners
Minnetonka,
Minnesota
|
+$14.3M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$46.8M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$34M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$30.3M |
| 4 |
AssetMark Inc
Concord,
California
|
-$14.2M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$9.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EW
376
Element Wealth
Ridgeland,
Mississippi
| – | -$168K | -1,975 | Closed |
|
|
PH
377
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$129K | -1,515 | Closed |
|
|
MFS
378
Mattson Financial Services
Kentwood,
Michigan
| – | -$63.1K | -754 | Closed |
|
379
Franklin Resources
San Mateo,
California
| – | -$61.6K | -725 | Closed |
|
|
EPW
380
Endeavor Private Wealth
Topeka,
Kansas
| – | -$44.8K | -527 | Closed |
|
|
TAM
381
Tucker Asset Management
Littleton,
Colorado
| – | -$19.4K | -228 | Closed |
|
|
TC
382
Truvestments Capital
Sarasota,
Florida
| – | -$4.42K | -52 | Closed |
|
|
VWM
383
Venturi Wealth Management
Austin,
Texas
| – | -$2.13K | -25 | Closed |
|
|
OC
384
Oarsman Capital
Milwaukee,
Wisconsin
| – | -$1.02K | -12 | Closed |
|
385
Fidelity Investments
Boston,
Massachusetts
| – | -$170 | -2 | Closed |
|
ICVT Hedge Fund Activity: Q1 2025 in Review
351 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q1 2025, worth a combined $1.66B — down 2.5% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ICVT positions and 33 closed out — a net gain of 12 holders — while 166 added to existing stakes and 99 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $28.8M. The largest seller was 1832 Asset Management, cutting an estimated $46.8M.
- 351 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q1 2025, up from 347 in Q4 2024.
- Funds reported $1.66B of iShares Convertible Bond ETF stock for Q1 2025, down 2.5% quarter-over-quarter.
- 45 funds opened new iShares Convertible Bond ETF positions in Q1 2025 and 33 closed out, a net change of +12 holders.
- The largest iShares Convertible Bond ETF buyer in Q1 2025 was Goldman Sachs, an estimated $28.8M added.
- The largest iShares Convertible Bond ETF seller in Q1 2025 was 1832 Asset Management, an estimated $46.8M sold.
Based on aggregated 13F filings for Q1 2025.