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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

70 hedge funds and large institutions have $158M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 24

9% less funds holding

Funds holding: 7770 (-7)

19.01% less ownership

Funds ownership: 100.62%81.6% (-19%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

31% less capital invested

Capital invested by funds: $229M → $158M (-$71M)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
70
Holders Change
-7
Holders Change %
-9.09%
% of All Funds
1.89%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
6
Increased
33
Reduced
24
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$36.1M -$5.01M -175,948 -12%
PFG
2
Piershale Financial Group
Illinois
$17.2M +$1.42M +49,874 +9%
Bank of America
3
Bank of America
North Carolina
$13.4M -$7.42M -260,646 -35%
UBS Group
4
UBS Group
Switzerland
$11.9M +$530K +18,604 +5%
VCM
5
Vigilant Capital Management
Maine
$10.6M +$27K +950 +0.3%
RJA
6
Raymond James & Associates
Florida
$9.21M +$1.5M +52,562 +19%
BA
7
BlackRock Advisors
Delaware
$5.54M
HI
8
Hudock Inc
Pennsylvania
$5.37M +$203K +7,132 +4%
EWM
9
Empirical Wealth Management
Washington
$4.19M +$263K +9,222 +6%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$3.85M +$3.65M +128,108 +1,182%
HI
11
Horizon Investments
North Carolina
$3.34M -$970K -34,074 -22%
PO
12
Private Ocean
California
$3.18M -$32.3K -1,134 -1%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.03M -$831K -29,182 -21%
BFG
14
Bouchey Financial Group
New York
$2.85M +$113K +3,980 +4%
LYV
15
Live Your Vision
Pennsylvania
$2.62M +$205K +7,212 +8%
SCA
16
Strategic Capital Alternatives
United States
$2.38M -$19.1K -670 -0.8%
LPL Financial
17
LPL Financial
California
$2.26M -$912K -32,020 -28%
SFG
18
Sage Financial Group
Pennsylvania
$1.73M -$683 -24 -0%
SWP
19
Stratos Wealth Partners
Ohio
$1.65M +$626K +21,976 +59%
VFS
20
VSR Financial Services
Kansas
$1.38M -$158K -5,560 -10%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$1.33M +$226K +7,938 +20%
Ameriprise
22
Ameriprise
Minnesota
$1.08M +$412K +14,462 +59%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$1.02M +$106K +3,728 +11%
CNB
24
City National Bank
California
$1M +$501K +17,610 +95%
CCM
25
Coldstream Capital Management
Washington
$983K +$105K +3,684 +12%

HYMB Hedge Fund Activity: Q2 2015 in Review

70 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2015, worth a combined $158M — down 31% from $229M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of HYMB and 6 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 33 added.

The largest buyer was Susquehanna International Group, adding an estimated $3.65M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $32M sold.

  • 70 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2015, down from 77 in Q1 2015.
  • Funds reported $158M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2015, down 31% quarter-over-quarter.
  • 6 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2015 and 13 closed out, a net change of -7 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2015 was Susquehanna International Group, an estimated $3.65M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2015 was Aviance Capital Management, an estimated $32M sold.

Based on aggregated 13F filings for Q2 2015.