State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
277 hedge funds and large institutions have $1.56B invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 88 increasing their positions, 112 reducing their positions, and 32 closing their positions.
1.25% more ownership
Funds ownership: 77.58% → 78.83% (+1.2%)
9% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 32
4% more capital invested
Capital invested by funds: $1.5B → $1.56B (+$59.6M)
1% more funds holding
Funds holding: 275 → 277 (+2)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
17% less call options, than puts
Call options by funds: $480K | Put options by funds: $580K
21% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$26.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.86M |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
+$8.3M |
| 5 |
WWA
WCG Wealth Advisors
Las Vegas,
Nevada
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PO
Private Ocean
San Rafael,
California
|
-$12.6M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$11.6M |
| 3 |
Renaissance Technologies
New York
|
-$8.76M |
| 4 |
JPG
Jordan Park Group
San Francisco,
California
|
-$7.47M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFG
301
Sterling Financial Group
Pasadena,
California
| – | -$331K | -6,761 | Closed |
|
302
JP Morgan Chase
New York
| – | -$105K | -4,206 | Closed |
|
|
PCFFS
303
Pacific Center for Financial Services
San Ramon,
California
| – | -$102K | -4,076 | Closed |
|
304
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$29.7K | -1,188 | Closed |
|
|
BAAM
305
Baker Avenue Asset Management
San Francisco,
California
| – | -$28.1K | -1,124 | Closed |
|
|
AAS
306
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$21.5K | -860 | Closed |
|
|
CT
307
Colonial Trust
Spartanburg,
South Carolina
| – | -$14.5K | -580 | Closed |
|
|
FCA
308
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$13.5K | -540 | Closed |
|
|
NA
309
NewEdge Advisors
New Orleans,
Louisiana
| – | -$5.06K | -202 | Closed |
|
|
HT
310
Headlands Technologies
Chicago,
Illinois
| – | -$1.25K | -50 | Closed |
|
HYMB Hedge Fund Activity: Q2 2023 in Review
277 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2023, worth a combined $1.56B — up 4% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new HYMB positions and 32 closed out — a net gain of 3 holders — while 88 added to existing stakes and 112 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $34.5M. The largest seller was Private Ocean, cutting an estimated $12.6M.
- 277 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2023, up from 275 in Q1 2023.
- Funds reported $1.56B of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2023, up 4% quarter-over-quarter.
- 35 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2023 and 32 closed out, a net change of +3 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2023 was Fidelity Investments, an estimated $34.5M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2023 was Private Ocean, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2023.