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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

61 hedge funds and large institutions have $168M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

12.85% more ownership

Funds ownership: 81.6%94.45% (+13%)

6% more capital invested

Capital invested by funds: $158M → $168M (+$10.1M)

13% less funds holding

Funds holding: 7061 (-9)

19% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 26

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
61
Holders Change
-9
Holders Change %
-12.86%
% of All Funds
1.7%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
6
Increased
21
Reduced
26
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$482K -$865K -31,014 -65%
IF
27
Ironwood Financial
Arizona
$462K -$19K -682 -4%
FF
28
Friedenthal Financial
New Jersey
$454K -$5.97K -214 -1%
JPTCCM
29
J.P. Turner & Co Capital Management
Georgia
$388K -$55.8K -2,000 -13%
OC
30
Oarsman Capital
Wisconsin
$375K +$59.5K +2,132 +19%
P
31
Palladiem
Pennsylvania
$366K -$57.5K -2,060 -14%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$327K -$2.73M -97,874 -89%
NPC
33
National Planning Corporation
California
$327K +$1K +36 +0.3%
Wells Fargo
34
Wells Fargo
California
$319K -$24.2K -866 -7%
AL
35
Aspiriant LLC
California
$303K +$2.29K +82 +0.8%
SSWM
36
Sheets Smith Wealth Management
North Carolina
$302K -$10.3K -370 -3%
CS
37
Credit Suisse
Switzerland
$286K +$55.8K +2,000 +25%
BTS
38
BB&T Securities
Virginia
$280K -$127K -4,552 -31%
M&T Bank
39
M&T Bank
New York
$273K -$21.7K -778 -7%
KL
40
KWMG LLC
Kansas
$254K +$27.3K +978 +12%
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$253K -$128K -4,592 -34%
ACM
42
Argentus Capital Management
Texas
$250K +$247K +8,846 New
RIA
43
Regal Investment Advisors
Michigan
$240K +$63.5K +2,276 +36%
FAAS
44
First Allied Advisory Services
California
$236K -$194K -6,968 -46%
LNC
45
Lincoln National Corp
Pennsylvania
$221K +$16.3K +584 +8%
PAM
46
Peak Asset Management
Colorado
$220K -$97.6K -3,500 -31%
LTFS
47
Ladenburg Thalmann Financial Services
Florida
$218K -$107K -3,836 -33%
Janney Montgomery Scott
48
Janney Montgomery Scott
Pennsylvania
$200K +$197K +7,078 New
Axa
49
Axa
France
$148K +$19K +680 +15%
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$113K

HYMB Hedge Fund Activity: Q3 2015 in Review

61 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2015, worth a combined $168M — up 6.4% from $158M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of HYMB and 6 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 21 added.

The largest buyer was Aviance Capital Management, opening a new position worth an estimated $23.6M. The largest seller was Piershale Financial Group, exiting entirely with an estimated $17.2M sold.

  • 61 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2015, down from 70 in Q2 2015.
  • Funds reported $168M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2015, up 6.4% quarter-over-quarter.
  • 6 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2015 and 14 closed out, a net change of -8 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2015 was Aviance Capital Management, an estimated $23.6M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2015 was Piershale Financial Group, an estimated $17.2M sold.

Based on aggregated 13F filings for Q3 2015.