State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
104 hedge funds and large institutions have $274M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 15 closing their positions.
120% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 15
21% more funds holding
Funds holding: 86 → 104 (+18)
20.89% more ownership
Funds ownership: 91.62% → 112.51% (+21%)
13% more capital invested
Capital invested by funds: $242M → $274M (+$31.7M)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
99% less call options, than puts
Call options by funds: $241K | Put options by funds: $30.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$32.1M |
| 2 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$25.9M |
| 3 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$9.33M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$8.72M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.3M |
| 2 |
Jane Street
New York
|
-$15.4M |
| 3 |
Morgan Stanley
New York
|
-$11.7M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$8.2M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$4.92M |
HYMB Hedge Fund Activity: Q4 2016 in Review
104 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q4 2016, worth a combined $274M — up 13% from $242M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new HYMB positions and 15 closed out — a net gain of 18 holders — while 30 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $32.1M. The largest seller was Royal Bank of Canada, cutting an estimated $19.3M.
- 104 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q4 2016, up from 86 in Q3 2016.
- Funds reported $274M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q4 2016, up 13% quarter-over-quarter.
- 33 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q4 2016 and 15 closed out, a net change of +18 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q4 2016 was Bank of America, an estimated $32.1M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q4 2016 was Royal Bank of Canada, an estimated $19.3M sold.
Based on aggregated 13F filings for Q4 2016.