State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
158 hedge funds and large institutions have $486M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 43 reducing their positions, and 39 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 43
5.72% more ownership
Funds ownership: 47.89% → 53.6% (+5.7%)
2% less capital invested
Capital invested by funds: $498M → $486M (-$11.6M)
9% less funds holding
Funds holding: 173 → 158 (-15)
15% less call options, than puts
Call options by funds: $1M | Put options by funds: $1.18M
33% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$43.5M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$43.5M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$16.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.8M |
| 5 |
PO
Private Ocean
San Rafael,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$35.1M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$24.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16.2M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.19M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$6.4M |
HYMB Hedge Fund Activity: Q1 2020 in Review
158 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q1 2020, worth a combined $486M — down 2.3% from $498M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of HYMB and 26 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 57 added.
The largest buyer was Bank of America, adding an estimated $43.5M. The largest seller was Goldman Sachs, cutting an estimated $35.1M.
- 158 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q1 2020, down from 173 in Q4 2019.
- Funds reported $486M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q1 2020, down 2.3% quarter-over-quarter.
- 26 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q1 2020 and 39 closed out, a net change of -13 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q1 2020 was Bank of America, an estimated $43.5M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q1 2020 was Goldman Sachs, an estimated $35.1M sold.
Based on aggregated 13F filings for Q1 2020.