iShares Convertible Bond ETF
ICVT
169 hedge funds and large institutions have $814M invested in iShares Convertible Bond ETF in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 48 reducing their positions, and 21 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 48
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
2% more funds holding
Funds holding: 165 → 169 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6.07% less ownership
Funds ownership: 53.37% → 47.3% (-6.1%)
7% less capital invested
Capital invested by funds: $874M → $814M (-$59.7M)
62% less call options, than puts
Call options by funds: $6.36M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$90.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$28.1M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$27.8M |
| 4 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$7.04M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$99.2M |
| 2 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$89.9M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$21.8M |
| 4 |
Jane Street
New York
|
-$10.3M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.79M |
ICVT Hedge Fund Activity: Q2 2021 in Review
169 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q2 2021, worth a combined $814M — down 6.8% from $874M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ICVT positions and 21 closed out — a net gain of 7 holders — while 76 added to existing stakes and 48 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $90.6M. The largest seller was Citigroup, cutting an estimated $99.2M.
- 169 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q2 2021, up from 165 in Q1 2021.
- Funds reported $814M of iShares Convertible Bond ETF stock for Q2 2021, down 6.8% quarter-over-quarter.
- 28 funds opened new iShares Convertible Bond ETF positions in Q2 2021 and 21 closed out, a net change of +7 holders.
- The largest iShares Convertible Bond ETF buyer in Q2 2021 was JP Morgan Chase, an estimated $90.6M added.
- The largest iShares Convertible Bond ETF seller in Q2 2021 was Citigroup, an estimated $99.2M sold.
Based on aggregated 13F filings for Q2 2021.