State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
74 hedge funds and large institutions have $229M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
9% more funds holding
Funds holding: 68 → 74 (+6)
6% more capital invested
Capital invested by funds: $217M → $229M (+$12.5M)
0.95% less ownership
Funds ownership: 105.61% → 104.66% (-0.95%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$29.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$24.8M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
Jane Street
New York
|
+$1.67M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$41.5M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$4.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.84M |
| 4 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
-$2.6M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.76M |
HYMB Hedge Fund Activity: Q1 2016 in Review
74 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 2016, worth a combined $229M — up 5.8% from $217M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HYMB positions and 10 closed out — a net gain of 6 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Piershale Financial Group, adding an estimated $29.1M. The largest seller was Hanlon Investment Management, exiting entirely with an estimated $41.5M sold.
- 74 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2016, up from 68 in Q4 2015.
- Funds reported $229M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2016, up 5.8% quarter-over-quarter.
- 16 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2016 and 10 closed out, a net change of +6 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2016 was Piershale Financial Group, an estimated $29.1M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2016 was Hanlon Investment Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2016.