State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
61 hedge funds and large institutions have $168M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 14 closing their positions.
12.85% more ownership
Funds ownership: 81.6% → 94.45% (+13%)
6% more capital invested
Capital invested by funds: $158M → $168M (+$10.1M)
13% less funds holding
Funds holding: 70 → 61 (-9)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$23.6M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$8.49M |
| 3 |
Morgan Stanley
New York
|
+$2.17M |
| 4 |
AssetMark Inc
Concord,
California
|
+$1.93M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$17.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.85M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$3.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.73M |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$1.38M |
HYMB Hedge Fund Activity: Q3 2015 in Review
61 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2015, worth a combined $168M — up 6.4% from $158M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of HYMB and 6 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 21 added.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $23.6M. The largest seller was Piershale Financial Group, exiting entirely with an estimated $17.2M sold.
- 61 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2015, down from 70 in Q2 2015.
- Funds reported $168M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2015, up 6.4% quarter-over-quarter.
- 6 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2015 and 14 closed out, a net change of -8 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2015 was Aviance Capital Management, an estimated $23.6M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2015 was Piershale Financial Group, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2015.