State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
160 hedge funds and large institutions have $734M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 69 increasing their positions, 44 reducing their positions, and 20 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 44
3% less capital invested
Capital invested by funds: $758M → $734M (-$23.7M)
8% less call options, than puts
Call options by funds: $347K | Put options by funds: $378K
3% less funds holding
Funds holding: 165 → 160 (-5)
5.11% less ownership
Funds ownership: 127.43% → 122.32% (-5.1%)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$13.2M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$10.5M |
| 4 |
PO
Private Ocean
San Rafael,
California
|
+$7.48M |
| 5 |
Goldman Sachs
New York
|
+$6.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$113M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$5.63M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.38M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.59M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$2.59M |
HYMB Hedge Fund Activity: Q3 2020 in Review
160 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2020, worth a combined $734M — down 3.1% from $758M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HYMB and 17 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 69 added.
The largest buyer was Fidelity Investments, adding an estimated $51.5M. The largest seller was FormulaFolio Investments, cutting an estimated $113M.
- 160 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2020, down from 165 in Q2 2020.
- Funds reported $734M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2020, down 3.1% quarter-over-quarter.
- 17 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2020 and 20 closed out, a net change of -3 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2020 was Fidelity Investments, an estimated $51.5M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2020 was FormulaFolio Investments, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2020.