iShares Convertible Bond ETF
ICVT
71 hedge funds and large institutions have $194M invested in iShares Convertible Bond ETF in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
11% more capital invested
Capital invested by funds: $175M → $194M (+$19.3M)
8% more funds holding
Funds holding: 66 → 71 (+5)
2.83% more ownership
Funds ownership: 52.95% → 55.78% (+2.8%)
27% less call options, than puts
Call options by funds: $4.28M | Put options by funds: $5.85M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$14M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.14M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.63M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$5.67M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.15M |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$954K |
| 4 |
LPL Financial
San Diego,
California
|
-$910K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$810K |
ICVT Hedge Fund Activity: Q2 2019 in Review
71 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2019, worth a combined $194M — up 11% from $175M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ICVT positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was Jane Street, adding an estimated $14M. The largest seller was Redwood Investment Management, exiting entirely with an estimated $5.67M sold.
- 71 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2019, up from 66 in Q1 2019.
- Funds reported $194M of iShares Convertible Bond ETF stock for Q2 2019, up 11% quarter-over-quarter.
- 12 funds opened new iShares Convertible Bond ETF positions in Q2 2019 and 6 closed out, a net change of +6 holders.
- The largest iShares Convertible Bond ETF buyer in Q2 2019 was Jane Street, an estimated $14M added.
- The largest iShares Convertible Bond ETF seller in Q2 2019 was Redwood Investment Management, an estimated $5.67M sold.
Based on aggregated 13F filings for Q2 2019.