iShares Convertible Bond ETF
ICVT
104 hedge funds and large institutions have $492M invested in iShares Convertible Bond ETF in 2020 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 18 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
145% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $9.98M
109% more capital invested
Capital invested by funds: $236M → $492M (+$257M)
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
16% more funds holding
Funds holding: 90 → 104 (+14)
9.23% more ownership
Funds ownership: 58.39% → 67.62% (+9.2%)
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$111M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$35.2M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$19.5M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$19.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$70.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.51M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$6.33M |
| 4 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$3.51M |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$1.79M |
ICVT Hedge Fund Activity: Q2 2020 in Review
104 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2020, worth a combined $492M — up 109% from $236M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ICVT positions and 18 closed out — a net gain of 14 holders — while 33 added to existing stakes and 31 trimmed.
The largest buyer was BW Gestao de Investimentos, adding an estimated $111M. The largest seller was Jane Street, cutting an estimated $70.9M.
- 104 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2020, up from 90 in Q1 2020.
- Funds reported $492M of iShares Convertible Bond ETF stock for Q2 2020, up 109% quarter-over-quarter.
- 32 funds opened new iShares Convertible Bond ETF positions in Q2 2020 and 18 closed out, a net change of +14 holders.
- The largest iShares Convertible Bond ETF buyer in Q2 2020 was BW Gestao de Investimentos, an estimated $111M added.
- The largest iShares Convertible Bond ETF seller in Q2 2020 was Jane Street, an estimated $70.9M sold.
Based on aggregated 13F filings for Q2 2020.