State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
42 hedge funds and large institutions have $114M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
12% more capital invested
Capital invested by funds: $102M → $114M (+$12.1M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
8.28% less ownership
Funds ownership: 90.86% → 82.58% (-8.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $377K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
+$10.3M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$5.56M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$3.89M |
| 4 |
Morgan Stanley
New York
|
+$3.83M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$16.4M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$5.32M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.98M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.06M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$333K |
HYMB Hedge Fund Activity: Q2 2014 in Review
42 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2014, worth a combined $114M — up 12% from $102M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HYMB positions and 5 closed out — a net gain of 1 holder — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Richard Bernstein Advisors, adding an estimated $10.3M. The largest seller was Hanlon Investment Management, exiting entirely with an estimated $16.4M sold.
- 42 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2014, up from 41 in Q1 2014.
- Funds reported $114M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2014, up 12% quarter-over-quarter.
- 6 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2014 and 5 closed out, a net change of +1 holder.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2014 was Richard Bernstein Advisors, an estimated $10.3M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2014 was Hanlon Investment Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2014.