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iShares Convertible Bond ETF

211 hedge funds and large institutions have $843M invested in iShares Convertible Bond ETF in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 66

20% more capital invested

Capital invested by funds: $703M → $843M (+$139M)

17% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 29

1.74% more ownership

Funds ownership: 56.95%58.69% (+1.7%)

1% more funds holding

Funds holding: 208211 (+3)

1% more call options, than puts

Call options by funds: $40.7M | Put options by funds: $40.4M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

Holders
211
Holders Change
+3
Holders Change %
+1.44%
% of All Funds
3.35%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
34
Increased
83
Reduced
66
Closed
29
Calls
$40.7M
Puts
$40.4M
Net Calls
+$331K
Net Calls Change
+$21.9M
Name Holding Trade Value Shares
Change
Change in
Stake
FGAM
1
Financial Gravity Asset Management
Texas
$85M +$67.1M +883,099 +2,269%
Bank of America
2
Bank of America
North Carolina
$76.2M +$15.2M +200,076 +24%
Bank of Nova Scotia
3
Bank of Nova Scotia
Ontario, Canada
$48.4M +$49.6M +652,400 New
TCM
4
Tradewinds Capital Management
Washington
$45.9M +$46.9M +617,581 +46,716%
ANTB
5
AMG National Trust Bank
Colorado
$34.5M -$6.91M -90,932 -16%
Ameriprise
6
Ameriprise
Minnesota
$30.1M -$1.67M -21,953 -5%
AssetMark Inc
7
AssetMark Inc
California
$29.4M +$2.07M +27,290 +7%
AA
8
Advisory Alpha
Michigan
$29.3M +$1.78M +23,375 +6%
GI
9
Gradient Investments
Minnesota
$28.1M +$253K +3,324 +0.9%
PWMG
10
Prestige Wealth Management Group
New Jersey
$23.4M +$23.9M +314,824 New
NYLIM
11
New York Life Investment Management
New York
$23.2M -$5.48M -72,120 -19%
Nomura Asset Management
12
Nomura Asset Management
Japan
$22.5M +$11.7M +153,720 +103%
BAAM
13
Baker Avenue Asset Management
California
$19.5M +$1.95M +25,605 +11%
LPL Financial
14
LPL Financial
California
$16.6M +$6.15M +80,920 +57%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$15.3M +$6.74M +88,680 +75%
CS
16
Credit Suisse
Switzerland
$14.2M +$121K +1,598 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$13M -$198K -2,604 -1%
AllianceBernstein
18
AllianceBernstein
Tennessee
$12.9M -$28.8M -379,090 -69%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$11.7M +$10.7M +141,149 +852%
OPCM
20
Osborne Partners Capital Management
California
$10.1M +$767K +10,088 +8%
CPG
21
Cornerstone Planning Group
New Jersey
$9.44M +$1.17M +15,388 +14%
AA
22
Aire Advisors
California
$9.12M -$21.4K -281 -0.2%
AWM
23
Adams Wealth Management
Utah
$8.81M +$93.9K +1,235 +1%
Morgan Stanley
24
Morgan Stanley
New York
$8.23M +$464K +6,106 +6%
UBS Group
25
UBS Group
Switzerland
$7.48M +$3.16M +41,547 +70%

ICVT Hedge Fund Activity: Q3 2023 in Review

211 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q3 2023, worth a combined $843M — up 20% from $703M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new ICVT positions and 29 closed out — a net gain of 5 holders — while 83 added to existing stakes and 66 trimmed.

The largest buyer was Financial Gravity Asset Management, adding an estimated $67.1M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $69.3M sold.

  • 211 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q3 2023, up from 208 in Q2 2023.
  • Funds reported $843M of iShares Convertible Bond ETF stock for Q3 2023, up 20% quarter-over-quarter.
  • 34 funds opened new iShares Convertible Bond ETF positions in Q3 2023 and 29 closed out, a net change of +5 holders.
  • The largest iShares Convertible Bond ETF buyer in Q3 2023 was Financial Gravity Asset Management, an estimated $67.1M added.
  • The largest iShares Convertible Bond ETF seller in Q3 2023 was 1832 Asset Management, an estimated $69.3M sold.

Based on aggregated 13F filings for Q3 2023.