State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
140 hedge funds and large institutions have $319M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
4% more funds holding
Funds holding: 134 → 140 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 42
12% less capital invested
Capital invested by funds: $362M → $319M (-$42.6M)
20.96% less ownership
Funds ownership: 105.8% → 84.84% (-21%)
78% less call options, than puts
Call options by funds: $230K | Put options by funds: $1.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CMC Financial Group
Atlanta,
Georgia
|
+$21.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.98M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.52M |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$2.54M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$36.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$36.1M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$11.2M |
| 4 |
Goldman Sachs
New York
|
-$5.06M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$3.47M |
HYMB Hedge Fund Activity: Q1 2019 in Review
140 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2019, worth a combined $319M — down 12% from $362M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HYMB positions and 17 closed out — a net gain of 8 holders — while 42 added to existing stakes and 42 trimmed.
The largest buyer was CMC Financial Group, opening a new position worth an estimated $21.5M. The largest seller was Avantax Planning Partners, cutting an estimated $36.6M.
- 140 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2019, up from 134 in Q4 2018.
- Funds reported $319M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2019, down 12% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2019 and 17 closed out, a net change of +8 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2019 was CMC Financial Group, an estimated $21.5M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2019 was Avantax Planning Partners, an estimated $36.6M sold.
Based on aggregated 13F filings for Q1 2019.