iShares Convertible Bond ETF
ICVT
59 hedge funds and large institutions have $177M invested in iShares Convertible Bond ETF in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 11 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
46% more capital invested
Capital invested by funds: $122M → $177M (+$55.6M)
20% more funds holding
Funds holding: 49 → 59 (+10)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
11.43% more ownership
Funds ownership: 49.59% → 61.02% (+11%)
8% less call options, than puts
Call options by funds: $3.43M | Put options by funds: $3.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$16.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$13.9M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$11.5M |
| 4 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
+$11.3M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$9.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$4.78M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.76M |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$1.78M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.22M |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$928K |
ICVT Hedge Fund Activity: Q4 2018 in Review
59 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q4 2018, worth a combined $177M — up 46% from $122M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ICVT positions and 11 closed out — a net gain of 12 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Jane Street, adding an estimated $16.4M. The largest seller was Glovista Investments, exiting entirely with an estimated $4.78M sold.
- 59 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q4 2018, up from 49 in Q3 2018.
- Funds reported $177M of iShares Convertible Bond ETF stock for Q4 2018, up 46% quarter-over-quarter.
- 23 funds opened new iShares Convertible Bond ETF positions in Q4 2018 and 11 closed out, a net change of +12 holders.
- The largest iShares Convertible Bond ETF buyer in Q4 2018 was Jane Street, an estimated $16.4M added.
- The largest iShares Convertible Bond ETF seller in Q4 2018 was Glovista Investments, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2018.