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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

86 hedge funds and large institutions have $242M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

52% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 23

18% more capital invested

Capital invested by funds: $204M → $242M (+$37.5M)

5.11% more ownership

Funds ownership: 86.51%91.62% (+5.1%)

2% more funds holding

Funds holding: 8486 (+2)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
86
Holders Change
+2
Holders Change %
+2.38%
% of All Funds
2.29%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
11
Increased
35
Reduced
23
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BWM
51
BerganKDV Wealth Management
Minnesota
$314K +$315K +10,584 New
Wells Fargo
52
Wells Fargo
California
$310K -$17.8K -600 -5%
M&T Bank
53
M&T Bank
New York
$309K +$2.2K +74 +0.7%
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$308K +$103K +3,448 +50%
PAM
55
Peak Asset Management
Colorado
$306K +$3.09K +104 +1%
BTS
56
BB&T Securities
Virginia
$302K -$1.37K -46 -0.4%
Millennium Management
57
Millennium Management
New York
$267K +$268K +8,998 New
FF
58
Friedenthal Financial
New Jersey
$257K -$79.2K -2,664 -24%
Stifel Financial
59
Stifel Financial
Missouri
$255K -$219K -7,350 -46%
UCFA
60
United Capital Financial Advisors
Texas
$226K -$2.74K -92 -1%
Janney Montgomery Scott
61
Janney Montgomery Scott
Pennsylvania
$222K +$223K +7,500 New
AG
62
Advisor Group
Arizona
$217K +$43.1K +1,448 +25%
BTNA
63
Bremer Trust National Association
Minnesota
$207K
LTFS
64
Ladenburg Thalmann Financial Services
Florida
$203K -$11.4K -384 -5%
PMG
65
ProVise Management Group
Florida
$202K +$202K +6,790 New
IA
66
IFP Advisors
Florida
$197K -$14.9K -500 -7%
WA
67
Winfield Associates
Ohio
$178K
IWMPD
68
Integrated Wealth Management (Palm Desert)
California
$176K +$176K +5,920 New
JCM
69
Jacobi Capital Management
Pennsylvania
$136K +$35.7K +1,200 +35%
CAL
70
Capital Advisors Ltd
Ohio
$129K +$6.96K +234 +6%
TFO
71
Tarbox Family Office
California
$124K -$61.9K -2,082 -33%
Bank of Montreal
72
Bank of Montreal
Ontario, Canada
$119K
CPP
73
Crow Point Partners
Massachusetts
$119K +$119K +4,000 New
JP Morgan Chase
74
JP Morgan Chase
New York
$108K -$12.6K -422 -10%
Fifth Third Bancorp
75
Fifth Third Bancorp
Ohio
$43K

HYMB Hedge Fund Activity: Q3 2016 in Review

86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2016, worth a combined $242M — up 18% from $204M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new HYMB positions and 7 closed out — a net gain of 4 holders — while 35 added to existing stakes and 23 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $15.3M. The largest seller was Citadel Advisors, cutting an estimated $6.03M.

  • 86 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2016, up from 84 in Q2 2016.
  • Funds reported $242M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2016, up 18% quarter-over-quarter.
  • 11 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2016 and 7 closed out, a net change of +4 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2016 was Royal Bank of Canada, an estimated $15.3M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2016 was Citadel Advisors, an estimated $6.03M sold.

Based on aggregated 13F filings for Q3 2016.