State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
41 hedge funds and large institutions have $102M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 6 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
66% more capital invested
Capital invested by funds: $61.2M → $102M (+$40.6M)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
20.42% more ownership
Funds ownership: 70.44% → 90.86% (+20%)
8% more funds holding
Funds holding: 38 → 41 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$16M |
| 2 |
RBA
Richard Bernstein Advisors
New York
|
+$9.11M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$5.11M |
| 4 |
SCG
Strategic Capital Group
Gig Harbor,
Washington
|
+$5.03M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Sage Financial Group
W. Conshohocken,
Pennsylvania
|
-$5.08M |
| 2 |
Citigroup
New York
|
-$2.88M |
| 3 |
Jane Street
New York
|
-$1.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.2M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$908K |
HYMB Hedge Fund Activity: Q1 2014 in Review
41 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2014, worth a combined $102M — up 66% from $61.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HYMB positions and 6 closed out — a net gain of 3 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Hanlon Investment Management, opening a new position worth an estimated $16M. The largest seller was Sage Financial Group, cutting an estimated $5.08M.
- 41 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2014, up from 38 in Q4 2013.
- Funds reported $102M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2014, up 66% quarter-over-quarter.
- 9 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2014 and 6 closed out, a net change of +3 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2014 was Hanlon Investment Management, an estimated $16M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2014 was Sage Financial Group, an estimated $5.08M sold.
Based on aggregated 13F filings for Q1 2014.