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State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

160 hedge funds and large institutions have $734M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 69 increasing their positions, 44 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 44

3% less capital invested

Capital invested by funds: $758M → $734M (-$23.7M)

8% less call options, than puts

Call options by funds: $347K | Put options by funds: $378K

3% less funds holding

Funds holding: 165160 (-5)

5.11% less ownership

Funds ownership: 127.43%122.32% (-5.1%)

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
160
Holders Change
-5
Holders Change %
-3.03%
% of All Funds
3.23%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.08%
New
17
Increased
69
Reduced
44
Closed
20
Calls
$347K
Puts
$378K
Net Calls
-$31K
Net Calls Change
-$1.17M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$150M +$51.5M +1,807,628 +52%
RJA
2
Raymond James & Associates
Florida
$93.4M +$13.2M +462,908 +16%
SEI Investments
3
SEI Investments
Pennsylvania
$62.5M -$2.59M -90,714 -4%
Bank of America
4
Bank of America
North Carolina
$58.1M +$4.61M +161,510 +9%
PO
5
Private Ocean
California
$36.8M +$7.48M +262,254 +25%
Goldman Sachs
6
Goldman Sachs
New York
$33.9M +$6.38M +223,888 +23%
LPL Financial
7
LPL Financial
California
$22.6M +$995K +34,898 +5%
APP
8
Avantax Planning Partners
Iowa
$20.4M -$919K -32,226 -4%
Qube Research & Technologies (QRT)
9
Qube Research & Technologies (QRT)
United Kingdom
$19.7M -$5.63M -197,318 -22%
Morgan Stanley
10
Morgan Stanley
New York
$19.4M +$137K +4,804 +0.7%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$13.7M +$3.94M +138,238 +40%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$13M +$618K +21,674 +5%
UCFA
13
United Capital Financial Advisors
Texas
$10.8M +$10.5M +367,586 +3,252%
SW
14
SVB Wealth
Massachusetts
$10.7M +$2.12M +74,474 +25%
UBS Group
15
UBS Group
Switzerland
$10.4M -$934K -32,758 -8%
Osaic Holdings
16
Osaic Holdings
Arizona
$9.35M +$1.14M +39,882 +14%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$8.95M -$768K -26,934 -8%
AWE
18
Avidian Wealth Enterprises
Texas
$8.81M +$2.47M +86,540 +39%
Citadel Advisors
19
Citadel Advisors
Florida
$7.86M -$2.59M -90,722 -25%
EWM
20
Empirical Wealth Management
Washington
$7.83M +$381K +13,372 +5%
Wells Fargo
21
Wells Fargo
California
$7.51M +$1.53M +53,570 +25%
Ameriprise
22
Ameriprise
Minnesota
$6.29M -$1.1M -38,582 -15%
Truist Financial
23
Truist Financial
North Carolina
$5.72M -$1.01M -35,554 -15%
RA
24
Riversedge Advisors
Delaware
$5.46M +$189K +6,616 +4%
OIA
25
OneDigital Investment Advisors
Kansas
$5.24M +$1M +35,160 +24%

HYMB Hedge Fund Activity: Q3 2020 in Review

160 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q3 2020, worth a combined $734M — down 3.1% from $758M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of HYMB and 17 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 69 added.

The largest buyer was Fidelity Investments, adding an estimated $51.5M. The largest seller was FormulaFolio Investments, cutting an estimated $113M.

  • 160 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q3 2020, down from 165 in Q2 2020.
  • Funds reported $734M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q3 2020, down 3.1% quarter-over-quarter.
  • 17 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q3 2020 and 20 closed out, a net change of -3 holders.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q3 2020 was Fidelity Investments, an estimated $51.5M added.
  • The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q3 2020 was FormulaFolio Investments, an estimated $113M sold.

Based on aggregated 13F filings for Q3 2020.