State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
165 hedge funds and large institutions have $758M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2020 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 28 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
56% more capital invested
Capital invested by funds: $486M → $758M (+$272M)
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
36% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 28
20.22% more ownership
Funds ownership: 107.2% → 127.43% (+20%)
4% more funds holding
Funds holding: 158 → 165 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$107M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$48.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.5M |
| 4 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$17.9M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$17.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.01M |
| 4 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$2.65M |
| 5 |
Jane Street
New York
|
-$2.14M |
HYMB Hedge Fund Activity: Q2 2020 in Review
165 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2020, worth a combined $758M — up 56% from $486M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HYMB positions and 28 closed out — a net gain of 10 holders — while 57 added to existing stakes and 41 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $107M. The largest seller was Tradewinds Capital Management, cutting an estimated $17.9M.
- 165 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2020, up from 158 in Q1 2020.
- Funds reported $758M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2020, up 56% quarter-over-quarter.
- 38 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2020 and 28 closed out, a net change of +10 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2020 was FormulaFolio Investments, an estimated $107M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2020 was Tradewinds Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2020.