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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

165 hedge funds and large institutions have $758M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2020 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

56% more capital invested

Capital invested by funds: $486M → $758M (+$272M)

39% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 41

36% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 28

20.22% more ownership

Funds ownership: 107.2%127.43% (+20%)

4% more funds holding

Funds holding: 158165 (+7)

Holders
165
Holders Change
+7
Holders Change %
+4.43%
% of All Funds
3.38%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.1%
New
38
Increased
57
Reduced
41
Closed
28
Calls
$1.14M
Puts
Net Calls
+$1.14M
Net Calls Change
+$1.32M
Name Holding Trade Value Shares
Change
Change in
Stake
FI
1
FormulaFolio Investments
Michigan
$112M +$107M +3,958,918 New
Fidelity Investments
2
Fidelity Investments
Massachusetts
$97.4M +$20.5M +758,620 +28%
RJA
3
Raymond James & Associates
Florida
$79.5M +$48.5M +1,790,336 +174%
SEI Investments
4
SEI Investments
Pennsylvania
$64.5M +$10.4M +382,342 +20%
Bank of America
5
Bank of America
North Carolina
$53.1M -$16.3M -600,458 -24%
PO
6
Private Ocean
California
$29.1M +$7.38M +272,418 +36%
Goldman Sachs
7
Goldman Sachs
New York
$27.2M +$1.21M +44,756 +5%
Qube Research & Technologies (QRT)
8
Qube Research & Technologies (QRT)
United Kingdom
$25.1M +$17.2M +635,064 +250%
LPL Financial
9
LPL Financial
California
$21.5M +$1.13M +41,588 +6%
APP
10
Avantax Planning Partners
Iowa
$21.1M +$17.9M +661,314 +757%
Morgan Stanley
11
Morgan Stanley
New York
$19M +$356K +13,154 +2%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$12.3M +$11.8M +436,158 New
UBS Group
13
UBS Group
Switzerland
$11.2M -$3.01M -111,256 -22%
Citadel Advisors
14
Citadel Advisors
Florida
$10.3M +$9.95M +367,286 New
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$9.72M +$4.69M +173,072 +101%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$9.63M +$6.48M +239,424 +234%
SW
17
SVB Wealth
Massachusetts
$8.47M +$3.27M +120,686 +67%
Osaic Holdings
18
Osaic Holdings
Arizona
$8.15M +$902K +33,322 +13%
EWM
19
Empirical Wealth Management
Washington
$7.38M -$1.79K -66 -0%
Ameriprise
20
Ameriprise
Minnesota
$7.3M +$2.34M +86,266 +50%
Truist Financial
21
Truist Financial
North Carolina
$6.67M +$1.41M +52,024 +28%
AWE
22
Avidian Wealth Enterprises
Texas
$6.3M +$1.51M +55,864 +33%
CCP
23
Cardan Capital Partners
Colorado
$6.13M -$32.1K -1,184 -0.5%
Wells Fargo
24
Wells Fargo
California
$5.93M +$595K +21,970 +12%
RA
25
Riversedge Advisors
Delaware
$5.22M +$1.33M +49,114 +36%

HYMB Hedge Fund Activity: Q2 2020 in Review

165 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q2 2020, worth a combined $758M — up 56% from $486M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new HYMB positions and 28 closed out — a net gain of 10 holders — while 57 added to existing stakes and 41 trimmed.

The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $107M. The largest seller was Tradewinds Capital Management, cutting an estimated $17.9M.

  • 165 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q2 2020, up from 158 in Q1 2020.
  • Funds reported $758M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q2 2020, up 56% quarter-over-quarter.
  • 38 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q2 2020 and 28 closed out, a net change of +10 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q2 2020 was FormulaFolio Investments, an estimated $107M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q2 2020 was Tradewinds Capital Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q2 2020.