Elequin Capital’s State Street SPDR Nuveen ICE Municipal Bond ETF TFI Stock Holding History

Elequin Capital’s Portfolio TFI Stock Details TFI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-572	Closed	-$26.1K	–	438
2025 Q3	$26.1K	Sell	572 -3,448	-86%	-$154K	﹤0.01%	119
2025 Q2	$180K	Sell	4,020 -352,834	-99%	-$15.7M	0.02%	168
2025 Q1	$16.1M	Buy	356,854 +347,498	+3,714%	+$15.8M	2%	15
2024 Q4	$427K	Sell	9,356 -11,324	-55%	-$522K	0.03%	65
2024 Q3	$968K	Sell	20,680 -83,184	-80%	-$3.86M	0.11%	20
2024 Q2	$4.75M	Buy	+103,864	New	+$4.76M	1.26%	12
2023 Q1	–	Sell	-115,786	Closed	-$5.28M	–	520
2022 Q4	$5.28M	Buy	+115,786	New	+$5.2M	1.49%	6
2022 Q3	–	Sell	-48,117	Closed	-$2.21M	–	669
2022 Q2	$2.21M	Buy	48,117 +43,070	+853%	+$1.99M	0.51%	11
2022 Q1	$242K	Buy	+5,047	New	+$252K	0.04%	15

Other funds holding TFI

Betterment LLC New York $52.8B AUM 15.34% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

IWM

IHT Wealth Management Chicago, Illinois $4.3B AUM 21.02% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Elequin Capital's TFI Position: Q4 2025 in Review

Elequin Capital sold out of State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) in Q4 2025, closing a stake of 572 shares — an estimated $26.1K sold.

Elequin Capital first reported a position in TFI in Q1 2022 and held it in 9 quarters. The position peaked at $16.1M in Q1 2025. 321 funds tracked by Wall St. Rank hold TFI as of Q4 2025.

Elequin Capital reported no remaining State Street SPDR Nuveen ICE Municipal Bond ETF position as of Q4 2025 after selling out during the quarter.
Elequin Capital sold 572 State Street SPDR Nuveen ICE Municipal Bond ETF shares in Q4 2025, an estimated $26.1K.
Elequin Capital first reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF in Q1 2022 and held it in 9 quarters.
Elequin Capital's State Street SPDR Nuveen ICE Municipal Bond ETF position peaked at $16.1M in Q1 2025.
321 funds tracked by Wall St. Rank held State Street SPDR Nuveen ICE Municipal Bond ETF as of Q4 2025.

Based on Elequin Capital's 13F filing for Q4 2025, filed 17 Feb 2026.