State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
68 hedge funds and large institutions have $217M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
29% more capital invested
Capital invested by funds: $168M → $217M (+$48.5M)
11% more funds holding
Funds holding: 61 → 68 (+7)
11.16% more ownership
Funds ownership: 94.45% → 105.61% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$41.2M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.82M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.48M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$6.31M |
| 2 |
AssetMark Inc
Concord,
California
|
-$1.96M |
| 3 |
Morgan Stanley
New York
|
-$490K |
| 4 |
Goldman Sachs
New York
|
-$319K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$200K |
HYMB Hedge Fund Activity: Q4 2015 in Review
68 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q4 2015, worth a combined $217M — up 29% from $168M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HYMB positions and 3 closed out — a net gain of 12 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Hanlon Investment Management, opening a new position worth an estimated $41.2M. The largest seller was Aviance Capital Management, cutting an estimated $6.31M.
- 68 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q4 2015, up from 61 in Q3 2015.
- Funds reported $217M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q4 2015, up 29% quarter-over-quarter.
- 15 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q4 2015 and 3 closed out, a net change of +12 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q4 2015 was Hanlon Investment Management, an estimated $41.2M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q4 2015 was Aviance Capital Management, an estimated $6.31M sold.
Based on aggregated 13F filings for Q4 2015.