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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

33 hedge funds and large institutions have $67.8M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.45% less ownership

Funds ownership: 69.91%67.46% (-2.5%)

12% less capital invested

Capital invested by funds: $76.9M → $67.8M (-$9.1M)

13% less funds holding

Funds holding: 3833 (-5)

40% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 15

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
33
Holders Change
-5
Holders Change %
-13.16%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
9
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$20.6M +$617K +24,156 +3%
Morgan Stanley
2
Morgan Stanley
New York
$6.25M -$4.14M -161,964 -40%
VCM
3
Vigilant Capital Management
Maine
$6.14M -$335K -13,120 -5%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$5.23M +$3.9M +152,554 +321%
RJA
5
Raymond James & Associates
Florida
$4.78M +$103K +4,034 +2%
HighTower Advisors
6
HighTower Advisors
Illinois
$3.52M +$613K +23,994 +22%
U
7
UBS
Switzerland
$3.45M +$297K +11,638 +10%
BTS
8
BB&T Securities
Virginia
$2.85M -$17K -666 -6%
Citigroup
9
Citigroup
New York
$2.82M +$743K +29,082 +37%
JP Morgan Chase
10
JP Morgan Chase
New York
$2.01M -$349K -13,666 -15%
GC
11
Guggenheim Capital
Illinois
$1.33M -$303K -11,842 -19%
NPC
12
National Planning Corporation
California
$1.19M -$577K -22,586 -33%
AFC
13
AFT Forsyth & Company
Florida
$1.03M +$76.7K +3,000 +8%
EWM
14
Empirical Wealth Management
Washington
$976K -$251K -9,826 -21%
MSL
15
Mackay Shields LLC
New York
$941K
IB
16
Intrust Bank
Kansas
$887K
CCM
17
Coldstream Capital Management
Washington
$678K -$110K -4,288 -14%
LPL Financial
18
LPL Financial
California
$591K -$599K -23,422 -50%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$523K +$51 +2 +0%
Principal Financial Group
20
Principal Financial Group
Iowa
$368K
Jane Street
21
Jane Street
New York
$324K -$2.57M -100,424 -89%
SNC
22
Stifel Nicolaus & Co
Missouri
$271K
FAAS
23
First Allied Advisory Services
California
$237K -$113K -4,406 -33%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$230K
PFG
25
Piershale Financial Group
Illinois
$179K +$175K +6,856 New

HYMB Hedge Fund Activity: Q3 2013 in Review

33 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2013, worth a combined $67.8M — down 12% from $76.9M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of HYMB and 1 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 9 added.

The largest buyer was Susquehanna International Group, adding an estimated $3.9M. The largest seller was Morgan Stanley, cutting an estimated $4.14M.

  • 33 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2013, down from 38 in Q2 2013.
  • Funds reported $67.8M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2013, down 12% quarter-over-quarter.
  • 1 fund opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2013 and 6 closed out, a net change of -5 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $3.9M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2013 was Morgan Stanley, an estimated $4.14M sold.

Based on aggregated 13F filings for Q3 2013.