iShares Convertible Bond ETF
ICVT
146 hedge funds and large institutions have $755M invested in iShares Convertible Bond ETF in 2020 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 11 closing their positions.
282% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 11
117% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 29
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
36% more capital invested
Capital invested by funds: $557M → $755M (+$198M)
33% more call options, than puts
Call options by funds: $2.63M | Put options by funds: $1.97M
23% more funds holding
Funds holding: 119 → 146 (+27)
3.52% less ownership
Funds ownership: 58.5% → 54.99% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$102M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$32.8M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$15.3M |
| 4 |
SRA
Summit Rock Advisors
New York
|
+$15.2M |
| 5 |
TC
Trilogy Capital
Irvine,
California
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$137M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$16.1M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$14.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.7M |
| 5 |
Citigroup
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
151
Old Mission Capital
Chicago,
Illinois
| – | -$699K | -8,654 | Closed |
|
|
NFG
152
Norris Financial Group
Greenville,
South Carolina
| – | -$561K | -6,949 | Closed |
|
153
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$250K | -3,098 | Closed |
|
|
GSWM
154
Golden State Wealth Management
Santa Ana,
California
| – | -$113K | -1,401 | Closed |
|
|
WCG
155
Weaver Consulting Group
Huntington Beach,
California
| – | -$64K | -787 | Closed |
|
|
NC
156
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$42K | -523 | Closed |
|
157
BlackRock
New York
| – | -$37K | -458 | Closed |
|
158
Fidelity Investments
Boston,
Massachusetts
| – | +$88 | +1 | New |
|
ICVT Hedge Fund Activity: Q4 2020 in Review
146 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q4 2020, worth a combined $755M — up 36% from $557M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new ICVT positions and 11 closed out — a net gain of 31 holders — while 63 added to existing stakes and 29 trimmed.
The largest buyer was BW Gestao de Investimentos, opening a new position worth an estimated $102M. The largest seller was Jane Street, cutting an estimated $137M.
- 146 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q4 2020, up from 119 in Q3 2020.
- Funds reported $755M of iShares Convertible Bond ETF stock for Q4 2020, up 36% quarter-over-quarter.
- 42 funds opened new iShares Convertible Bond ETF positions in Q4 2020 and 11 closed out, a net change of +31 holders.
- The largest iShares Convertible Bond ETF buyer in Q4 2020 was BW Gestao de Investimentos, an estimated $102M added.
- The largest iShares Convertible Bond ETF seller in Q4 2020 was Jane Street, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2020.