iShares Convertible Bond ETF
ICVT
7 hedge funds and large institutions have $109M invested in iShares Convertible Bond ETF in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and closing their positions.
1,326% more capital invested
Capital invested by funds: $7.66M → $109M (+$102M)
296% more call options, than puts
Call options by funds: $2.03M | Put options by funds: $513K
75% more funds holding
Funds holding: 4 → 7 (+3)
35.96% more ownership
Funds ownership: 52.53% → 88.49% (+36%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$100M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.88M |
| 3 |
LPL Financial
San Diego,
California
|
+$806K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$319K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$8.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.45M |
| 2 |
Jane Street
New York
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BGDI
1
BW Gestao de Investimentos
Sao Paulo,
Brazil
| $102M | +$100M | +1,981,802 | New |
|
|
2
Bank of America
Charlotte,
North Carolina
| $4.16M | +$2.88M | +56,824 | +237% |
|
|
3
Jane Street
New York
| $1.96M | -$267K | -5,275 | -12% |
|
|
4
LPL Financial
San Diego,
California
| $817K | +$806K | +15,917 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $324K | +$319K | +6,304 | New |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $29K | -$3.45M | -68,021 | -99% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $9K | +$8.41K | +166 | New |
|
ICVT Hedge Fund Activity: Q1 2017 in Review
7 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q1 2017, worth a combined $109M — up 1,326% from $7.66M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ICVT positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was BW Gestao de Investimentos, opening a new position worth an estimated $100M. The largest seller was Royal Bank of Canada, cutting an estimated $3.45M.
- 7 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q1 2017, up from 4 in Q4 2016.
- Funds reported $109M of iShares Convertible Bond ETF stock for Q1 2017, up 1,326% quarter-over-quarter.
- 4 funds opened new iShares Convertible Bond ETF positions in Q1 2017 and 0 closed out, a net change of +4 holders.
- The largest iShares Convertible Bond ETF buyer in Q1 2017 was BW Gestao de Investimentos, an estimated $100M added.
- The largest iShares Convertible Bond ETF seller in Q1 2017 was Royal Bank of Canada, an estimated $3.45M sold.
Based on aggregated 13F filings for Q1 2017.