iShares Convertible Bond ETF
ICVT
40 hedge funds and large institutions have $111M invested in iShares Convertible Bond ETF in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
54% more call options, than puts
Call options by funds: $1.74M | Put options by funds: $1.13M
21% more funds holding
Funds holding: 33 → 40 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
32.09% less ownership
Funds ownership: 77.19% → 45.11% (-32%)
50% less capital invested
Capital invested by funds: $220M → $111M (-$109M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.42M |
| 2 |
Nomura Asset Management
Tokyo,
Japan
|
+$1.59M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.09M |
| 4 |
ALIONA
Allianz Life Insurance of North America
Minneapolis,
Minnesota
|
+$1.08M |
| 5 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$109M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$11.7M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$4.88M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$1.02M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$55.9K |
ICVT Hedge Fund Activity: Q2 2018 in Review
40 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2018, worth a combined $111M — down 50% from $220M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ICVT positions and 1 closed out — a net gain of 8 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.42M. The largest seller was BW Gestao de Investimentos, cutting an estimated $109M.
- 40 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $111M of iShares Convertible Bond ETF stock for Q2 2018, down 50% quarter-over-quarter.
- 9 funds opened new iShares Convertible Bond ETF positions in Q2 2018 and 1 closed out, a net change of +8 holders.
- The largest iShares Convertible Bond ETF buyer in Q2 2018 was Royal Bank of Canada, an estimated $4.42M added.
- The largest iShares Convertible Bond ETF seller in Q2 2018 was BW Gestao de Investimentos, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2018.