State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
70 hedge funds and large institutions have $158M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 13 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
9% less funds holding
Funds holding: 77 → 70 (-7)
19.01% less ownership
Funds ownership: 100.62% → 81.6% (-19%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31% less capital invested
Capital invested by funds: $229M → $158M (-$71M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.65M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.5M |
| 3 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$1.42M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$626K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$32M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.42M |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$6.34M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$6.07M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$5.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$302K | -10,506 | Closed |
|
|
CG
77
Colony Group
Boston,
Massachusetts
| – | -$276K | -9,584 | Closed |
|
78
HighTower Advisors
Chicago,
Illinois
| – | -$264K | -9,178 | Closed |
|
|
SS
79
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$228K | -7,926 | Closed |
|
80
Creative Planning
Overland Park,
Kansas
| – | -$67K | -2,340 | Closed |
|
|
CAL
81
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$25K | -860 | Closed |
|
|
NFG
82
Next Financial Group
Houston,
Texas
| – | -$1K | -60 | Closed |
|
HYMB Hedge Fund Activity: Q2 2015 in Review
70 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2015, worth a combined $158M — down 31% from $229M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HYMB and 6 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 33 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.65M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $32M sold.
- 70 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2015, down from 77 in Q1 2015.
- Funds reported $158M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2015, down 31% quarter-over-quarter.
- 6 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2015 and 13 closed out, a net change of -7 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2015 was Susquehanna International Group, an estimated $3.65M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2015 was Aviance Capital Management, an estimated $32M sold.
Based on aggregated 13F filings for Q2 2015.