iShares Convertible Bond ETF
ICVT
385 hedge funds and large institutions have $2.04B invested in iShares Convertible Bond ETF in 2025 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 192 increasing their positions, 85 reducing their positions, and 29 closing their positions.
138% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 29
126% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 85
10% more funds holding
Funds holding: 351 → 385 (+34)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
7% more capital invested
Capital invested by funds: $1.91B → $2.04B (+$137M)
13.09% less ownership
Funds ownership: 64.38% → 51.28% (-13%)
74% less call options, than puts
Call options by funds: $3.73M | Put options by funds: $14.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$91.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$21.8M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$18.9M |
| 4 |
LPL Financial
San Diego,
California
|
+$17.5M |
| 5 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$23.8M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$22M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.1M |
| 4 |
NYLIM
New York Life Investment Management
New York
|
-$11.8M |
| 5 |
Goldman Sachs
New York
|
-$7.4M |
ICVT Hedge Fund Activity: Q4 2025 in Review
385 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in iShares Convertible Bond ETF (ICVT) for Q4 2025, worth a combined $2.04B — up 7.2% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new ICVT positions and 29 closed out — a net gain of 40 holders — while 192 added to existing stakes and 85 trimmed.
The largest buyer was Provida Pension Fund Administrator, adding an estimated $91.5M. The largest seller was Bank of America, cutting an estimated $23.8M.
- 385 institutional investors held iShares Convertible Bond ETF (ICVT) as of Q4 2025, up from 351 in Q3 2025.
- Funds reported $2.04B of iShares Convertible Bond ETF stock for Q4 2025, up 7.2% quarter-over-quarter.
- 69 funds opened new iShares Convertible Bond ETF positions in Q4 2025 and 29 closed out, a net change of +40 holders.
- The largest iShares Convertible Bond ETF buyer in Q4 2025 was Provida Pension Fund Administrator, an estimated $91.5M added.
- The largest iShares Convertible Bond ETF seller in Q4 2025 was Bank of America, an estimated $23.8M sold.
Based on aggregated 13F filings for Q4 2025.