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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

140 hedge funds and large institutions have $319M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

4% more funds holding

Funds holding: 134140 (+6)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 42

12% less capital invested

Capital invested by funds: $362M → $319M (-$42.6M)

20.96% less ownership

Funds ownership: 105.8%84.84% (-21%)

78% less call options, than puts

Call options by funds: $230K | Put options by funds: $1.05M

Holders
140
Holders Change
+6
Holders Change %
+4.48%
% of All Funds
3.03%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
25
Increased
42
Reduced
42
Closed
17
Calls
$230K
Puts
$1.05M
Net Calls
-$816K
Net Calls Change
-$1.03M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$42.9M +$9.98M +355,090 +31%
RJA
2
Raymond James & Associates
Florida
$30.5M +$6.52M +232,020 +28%
CFG
3
CMC Financial Group
Georgia
$21.9M +$21.5M +763,950 New
Bank of America
4
Bank of America
North Carolina
$19.7M -$36.1M -1,284,682 -65%
Goldman Sachs
5
Goldman Sachs
New York
$19.6M -$5.06M -180,100 -21%
UBS Group
6
UBS Group
Switzerland
$16M +$1.11M +39,462 +8%
Morgan Stanley
7
Morgan Stanley
New York
$14.1M +$545K +19,378 +4%
EWM
8
Empirical Wealth Management
Washington
$14M +$2.54M +90,434 +23%
SEI Investments
9
SEI Investments
Pennsylvania
$12.8M -$11.2M -398,898 -47%
LPL Financial
10
LPL Financial
California
$9.26M +$1.17M +41,620 +15%
Renaissance Technologies
11
Renaissance Technologies
New York
$8.96M +$1.37M +48,600 +18%
CCP
12
Cardan Capital Partners
Colorado
$6.56M -$1.11M -39,608 -15%
MSL
13
Mackay Shields LLC
New York
$6.24M
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$5.87M -$937K -33,330 -14%
BlackRock
15
BlackRock
New York
$5.75M
Ameriprise
16
Ameriprise
Minnesota
$4.42M +$524K +18,644 +14%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$4.08M +$1.47M +52,158 +58%
Wells Fargo
18
Wells Fargo
California
$4.04M +$20.1K +716 +0.5%
APP
19
Avantax Planning Partners
Iowa
$3.64M -$36.6M -1,301,398 -91%
PO
20
Private Ocean
California
$3.53M -$10.5K -372 -0.3%
William Blair & Company
21
William Blair & Company
Illinois
$3.29M -$146K -5,186 -4%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$2.77M -$112 -4 -0%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$2.76M -$1.49M -52,940 -35%
Stifel Financial
24
Stifel Financial
Missouri
$2.37M +$176K +6,264 +8%
BTS
25
BB&T Securities
Virginia
$2.31M +$92.3K +3,286 +4%

HYMB Hedge Fund Activity: Q1 2019 in Review

140 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2019, worth a combined $319M — down 12% from $362M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new HYMB positions and 17 closed out — a net gain of 8 holders — while 42 added to existing stakes and 42 trimmed.

The largest buyer was CMC Financial Group, opening a new position worth an estimated $21.5M. The largest seller was Avantax Planning Partners, cutting an estimated $36.6M.

  • 140 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2019, up from 134 in Q4 2018.
  • Funds reported $319M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2019, down 12% quarter-over-quarter.
  • 25 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2019 and 17 closed out, a net change of +8 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2019 was CMC Financial Group, an estimated $21.5M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2019 was Avantax Planning Partners, an estimated $36.6M sold.

Based on aggregated 13F filings for Q1 2019.