iShares Convertible Bond ETF
ICVT
66 hedge funds and large institutions have $175M invested in iShares Convertible Bond ETF in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more funds holding
Funds holding: 59 → 66 (+7)
3% less capital invested
Capital invested by funds: $180M → $175M (-$4.75M)
8.07% less ownership
Funds ownership: 61.02% → 52.95% (-8.1%)
46% less call options, than puts
Call options by funds: $4.43M | Put options by funds: $8.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$9.61M |
| 2 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$5.53M |
| 3 |
LFPWM
Leicht Financial Planning & Wealth Management
Parsippany,
New Jersey
|
+$1.67M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$787K |
| 5 |
LPL Financial
San Diego,
California
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$13.2M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$8.54M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.04M |
| 5 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$2M |
ICVT Hedge Fund Activity: Q1 2019 in Review
66 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q1 2019, worth a combined $175M — down 2.6% from $180M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ICVT positions and 8 closed out — a net gain of 8 holders — while 25 added to existing stakes and 14 trimmed.
The largest buyer was BW Gestao de Investimentos, adding an estimated $9.61M. The largest seller was Jane Street, cutting an estimated $13.6M.
- 66 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q1 2019, up from 59 in Q4 2018.
- Funds reported $175M of iShares Convertible Bond ETF stock for Q1 2019, down 2.6% quarter-over-quarter.
- 16 funds opened new iShares Convertible Bond ETF positions in Q1 2019 and 8 closed out, a net change of +8 holders.
- The largest iShares Convertible Bond ETF buyer in Q1 2019 was BW Gestao de Investimentos, an estimated $9.61M added.
- The largest iShares Convertible Bond ETF seller in Q1 2019 was Jane Street, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2019.