State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
334 hedge funds and large institutions have $2.1B invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 123 increasing their positions, 88 reducing their positions, and 30 closing their positions.
187% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 30
42% more capital invested
Capital invested by funds: $1.48B → $2.1B (+$626M)
40% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 88
18% more funds holding
Funds holding: 282 → 334 (+52)
7.12% more ownership
Funds ownership: 77.4% → 84.52% (+7.1%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
97% less call options, than puts
Call options by funds: $5K | Put options by funds: $185K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$141M |
| 2 |
Morgan Stanley
New York
|
+$60.2M |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$54.5M |
| 4 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$54.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$24.1M |
| 2 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
-$13M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$12.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.1M |
| 5 |
PO
Private Ocean
San Rafael,
California
|
-$9.53M |
HYMB Hedge Fund Activity: Q4 2023 in Review
334 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q4 2023, worth a combined $2.1B — up 42% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new HYMB positions and 30 closed out — a net gain of 56 holders — while 123 added to existing stakes and 88 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $141M. The largest seller was United Capital Financial Advisors, cutting an estimated $24.1M.
- 334 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q4 2023, up from 282 in Q3 2023.
- Funds reported $2.1B of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q4 2023, up 42% quarter-over-quarter.
- 86 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q4 2023 and 30 closed out, a net change of +56 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q4 2023 was Goldman Sachs, an estimated $141M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q4 2023 was United Capital Financial Advisors, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2023.