State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
51 hedge funds and large institutions have $145M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
24% more capital invested
Capital invested by funds: $117M → $145M (+$27.7M)
21% more funds holding
Funds holding: 42 → 51 (+9)
13.29% more ownership
Funds ownership: 82.58% → 95.88% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
65% less call options, than puts
Call options by funds: $239K | Put options by funds: $682K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
+$14.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.54M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.31M |
| 4 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
+$3.08M |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5M |
| 2 |
Jane Street
New York
|
-$2.98M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$876K |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$700K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$682K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
51
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | -$560 | -20 | -53% |
|
|
52
Jane Street
New York
| – | -$2.98M | -105,842 | Closed |
|
|
ACM
53
Avalon Capital Management
Port Of Redwood City,
California
| – | -$700K | -24,878 | Closed |
|
HYMB Hedge Fund Activity: Q3 2014 in Review
51 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2014, worth a combined $145M — up 24% from $117M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HYMB positions and 2 closed out — a net gain of 10 holders — while 21 added to existing stakes and 10 trimmed.
The largest buyer was Richard Bernstein Advisors, adding an estimated $14.1M. The largest seller was Morgan Stanley, cutting an estimated $5M.
- 51 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2014, up from 42 in Q2 2014.
- Funds reported $145M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2014, up 24% quarter-over-quarter.
- 12 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2014 and 2 closed out, a net change of +10 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2014 was Richard Bernstein Advisors, an estimated $14.1M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2014 was Morgan Stanley, an estimated $5M sold.
Based on aggregated 13F filings for Q3 2014.