iShares Convertible Bond ETF
ICVT
119 hedge funds and large institutions have $557M invested in iShares Convertible Bond ETF in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
14% more funds holding
Funds holding: 104 → 119 (+15)
13% more capital invested
Capital invested by funds: $492M → $557M (+$64.2M)
10% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $1.21M
9.12% less ownership
Funds ownership: 67.62% → 58.5% (-9.1%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$118M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$50.2M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$16.3M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$15.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$184M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$43M |
| 3 |
SRA
Summit Rock Advisors
New York
|
-$9.61M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
-$8.68M |
| 5 |
HHRDM
H&H Retirement Design & Management
Las Vegas,
Nevada
|
-$3.85M |
ICVT Hedge Fund Activity: Q3 2020 in Review
119 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q3 2020, worth a combined $557M — up 13% from $492M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ICVT positions and 14 closed out — a net gain of 15 holders — while 45 added to existing stakes and 31 trimmed.
The largest buyer was Jane Street, adding an estimated $118M. The largest seller was BW Gestao de Investimentos, exiting entirely with an estimated $184M sold.
- 119 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q3 2020, up from 104 in Q2 2020.
- Funds reported $557M of iShares Convertible Bond ETF stock for Q3 2020, up 13% quarter-over-quarter.
- 29 funds opened new iShares Convertible Bond ETF positions in Q3 2020 and 14 closed out, a net change of +15 holders.
- The largest iShares Convertible Bond ETF buyer in Q3 2020 was Jane Street, an estimated $118M added.
- The largest iShares Convertible Bond ETF seller in Q3 2020 was BW Gestao de Investimentos, an estimated $184M sold.
Based on aggregated 13F filings for Q3 2020.