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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

77 hedge funds and large institutions have $229M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 8

50% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 18

24% more funds holding

Funds holding: 6277 (+15)

19% more capital invested

Capital invested by funds: $193M → $229M (+$36.4M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

5.38% less ownership

Funds ownership: 105.99%100.62% (-5.4%)

Holders
77
Holders Change
+15
Holders Change %
+24.19%
% of All Funds
2.05%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
25
Increased
27
Reduced
18
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$42.5M +$11M +379,186 +35%
ACM
2
Aviance Capital Management
Florida
$32M +$32.2M +1,110,242 New
Bank of America
3
Bank of America
North Carolina
$21.4M -$1.94M -67,054 -8%
PFG
4
Piershale Financial Group
Illinois
$16.4M +$16.5M +571,026 New
UBS Group
5
UBS Group
Switzerland
$11.8M +$3.89M +134,154 +49%
VCM
6
Vigilant Capital Management
Maine
$10.9M +$788K +27,210 +8%
RJA
7
Raymond James & Associates
Florida
$8.06M +$2.02M +69,786 +33%
HIM
8
Hanlon Investment Management
New Jersey
$6.34M -$476K -16,424 -7%
TFA
9
Transamerica Financial Advisors
Florida
$6.2M -$525K -18,126 -8%
BA
10
BlackRock Advisors
Delaware
$5.76M
HI
11
Hudock Inc
Pennsylvania
$5.37M +$584K +20,138 +12%
MSL
12
Mackay Shields LLC
New York
$5.07M
HI
13
Horizon Investments
North Carolina
$4.45M +$726K +25,058 +19%
EWM
14
Empirical Wealth Management
Washington
$4.08M -$137K -4,728 -3%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$3.99M +$3.9M +134,624 +3,356%
BTS
16
BB&T Securities
Virginia
$3.75M -$2.49K -86 -0.7%
PO
17
Private Ocean
California
$3.34M -$26.1K -902 -0.8%
LPL Financial
18
LPL Financial
California
$3.27M +$1.99M +68,548 +153%
BFG
19
Bouchey Financial Group
New York
$2.84M -$32.5K -1,120 -1%
LYV
20
Live Your Vision
Pennsylvania
$2.52M +$153K +5,266 +6%
SCA
21
Strategic Capital Alternatives
United States
$2.49M -$2.95M -101,868 -54%
JP Morgan Chase
22
JP Morgan Chase
New York
$2.35M +$2.36M +81,590 New
SFG
23
Sage Financial Group
Pennsylvania
$1.79M -$216K -7,466 -11%
Jane Street
24
Jane Street
New York
$1.73M +$1.74M +60,176 New
VFS
25
VSR Financial Services
Kansas
$1.6M +$110K +3,792 +7%

HYMB Hedge Fund Activity: Q1 2015 in Review

77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2015, worth a combined $229M — up 19% from $193M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new HYMB positions and 8 closed out — a net gain of 17 holders — while 27 added to existing stakes and 18 trimmed.

The largest buyer was Aviance Capital Management, opening a new position worth an estimated $32.2M. The largest seller was Richard Bernstein Advisors, exiting entirely with an estimated $35.1M sold.

  • 77 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2015, up from 62 in Q4 2014.
  • Funds reported $229M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2015, up 19% quarter-over-quarter.
  • 25 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2015 and 8 closed out, a net change of +17 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2015 was Aviance Capital Management, an estimated $32.2M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2015 was Richard Bernstein Advisors, an estimated $35.1M sold.

Based on aggregated 13F filings for Q1 2015.