State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
77 hedge funds and large institutions have $229M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
24% more funds holding
Funds holding: 62 → 77 (+15)
19% more capital invested
Capital invested by funds: $193M → $229M (+$36.4M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5.38% less ownership
Funds ownership: 105.99% → 100.62% (-5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$32.2M |
| 2 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$16.5M |
| 3 |
Morgan Stanley
New York
|
+$11M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
-$35.1M |
| 2 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$5.03M |
| 3 |
SCA
Strategic Capital Alternatives
Gig Harbor,
United States
|
-$2.95M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.94M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.1M |
HYMB Hedge Fund Activity: Q1 2015 in Review
77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2015, worth a combined $229M — up 19% from $193M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HYMB positions and 8 closed out — a net gain of 17 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $32.2M. The largest seller was Richard Bernstein Advisors, exiting entirely with an estimated $35.1M sold.
- 77 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2015, up from 62 in Q4 2014.
- Funds reported $229M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2015, up 19% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2015 and 8 closed out, a net change of +17 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2015 was Aviance Capital Management, an estimated $32.2M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2015 was Richard Bernstein Advisors, an estimated $35.1M sold.
Based on aggregated 13F filings for Q1 2015.