iShares Convertible Bond ETF
ICVT
29 hedge funds and large institutions have $316M invested in iShares Convertible Bond ETF in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 3 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more funds holding
Funds holding: 21 → 29 (+8)
2% more capital invested
Capital invested by funds: $311M → $316M (+$4.89M)
1.19% less ownership
Funds ownership: 88.7% → 87.51% (-1.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.69M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$786K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$688K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$673K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.46M |
| 2 |
VF
Virtu Financial
New York
|
-$1.55M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.32M |
| 4 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$425K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $25K | +$24.9K | +450 | New |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $23.9K | +$23.9K | +433 | New |
|
|
FRA
28
Front Row Advisors
Tiburon,
California
| $14K | +$13.8K | +250 | New |
|
|
PCG
29
Private Capital Group
West Hartford,
Connecticut
| $73 | +$4.92K | +89 | New |
|
|
BTS
30
BB&T Securities
Richmond,
Virginia
| – | -$9.46M | -172,602 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$1.55M | -28,360 | Closed |
|
|
NPC
32
National Planning Corporation
El Segundo,
California
| – | -$244K | -4,449 | Closed |
|
ICVT Hedge Fund Activity: Q4 2017 in Review
29 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q4 2017, worth a combined $316M — up 1.6% from $311M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ICVT positions and 3 closed out — a net gain of 8 holders — while 13 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $3.69M. The largest seller was BB&T Securities, exiting entirely with an estimated $9.46M sold.
- 29 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q4 2017, up from 21 in Q3 2017.
- Funds reported $316M of iShares Convertible Bond ETF stock for Q4 2017, up 1.6% quarter-over-quarter.
- 11 funds opened new iShares Convertible Bond ETF positions in Q4 2017 and 3 closed out, a net change of +8 holders.
- The largest iShares Convertible Bond ETF buyer in Q4 2017 was Jane Street, an estimated $3.69M added.
- The largest iShares Convertible Bond ETF seller in Q4 2017 was BB&T Securities, an estimated $9.46M sold.
Based on aggregated 13F filings for Q4 2017.