iShares Convertible Bond ETF
ICVT
9 hedge funds and large institutions have $164M invested in iShares Convertible Bond ETF in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 0 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more capital invested
Capital invested by funds: $109M → $164M (+$54.3M)
29% more funds holding
Funds holding: 7 → 9 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 88.49% → 87.54% (-0.95%)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $73K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$49.6M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
| 4 |
Jane Street
New York
|
+$332K |
| 5 |
LPL Financial
San Diego,
California
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$324K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BGDI
1
BW Gestao de Investimentos
Sao Paulo,
Brazil
| $154M | +$49.6M | +947,171 | +48% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $4.59M | +$335K | +6,403 | +8% |
|
|
3
Jane Street
New York
| $2.34M | +$332K | +6,341 | +17% |
|
|
4
MML Investors Services
Springfield,
Massachusetts
| $1.14M | +$1.13M | +21,612 | New |
|
|
5
LPL Financial
San Diego,
California
| $1.07M | +$229K | +4,368 | +27% |
|
|
WP
6
WealthPLAN Partners
Omaha,
Nebraska
| $205K | +$204K | +3,894 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $49K | +$48.4K | +925 | New |
|
|
IA
8
IFP Advisors
Tampa,
Florida
| $12K | +$2.93K | +56 | +34% |
|
9
Creative Planning
Overland Park,
Kansas
| $7K | +$6.8K | +130 | New |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$324K | -6,304 | Closed |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$29K | -557 | Closed |
|
ICVT Hedge Fund Activity: Q2 2017 in Review
9 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2017, worth a combined $164M — up 50% from $109M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ICVT positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 0 trimmed.
The largest buyer was BW Gestao de Investimentos, adding an estimated $49.6M. The largest seller was Citadel Advisors, exiting entirely with an estimated $324K sold.
- 9 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2017, up from 7 in Q1 2017.
- Funds reported $164M of iShares Convertible Bond ETF stock for Q2 2017, up 50% quarter-over-quarter.
- 4 funds opened new iShares Convertible Bond ETF positions in Q2 2017 and 2 closed out, a net change of +2 holders.
- The largest iShares Convertible Bond ETF buyer in Q2 2017 was BW Gestao de Investimentos, an estimated $49.6M added.
- The largest iShares Convertible Bond ETF seller in Q2 2017 was Citadel Advisors, an estimated $324K sold.
Based on aggregated 13F filings for Q2 2017.