State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
465 hedge funds and large institutions have $4.4B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 139 increasing their positions, 178 reducing their positions, and 54 closing their positions.
52% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 54
11% more capital invested
Capital invested by funds: $3.95B → $4.4B (+$448M)
5% more funds holding
Funds holding: 444 → 465 (+21)
2.98% more ownership
Funds ownership: 87.03% → 90.01% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
22% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$57.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$32.3M |
| 3 |
Jane Street
New York
|
+$24M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$22.5M |
| 5 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$28.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$27.8M |
| 3 |
Morgan Stanley
New York
|
-$20.5M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$19.1M |
| 5 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$16.4M |
SHM Hedge Fund Activity: Q4 2022 in Review
465 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2022, worth a combined $4.4B — up 11% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new SHM positions and 54 closed out — a net gain of 28 holders — while 139 added to existing stakes and 178 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $57.2M. The largest seller was Mercer Global Advisors, cutting an estimated $28.4M.
- 465 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2022, up from 444 in Q3 2022.
- Funds reported $4.4B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2022, up 11% quarter-over-quarter.
- 82 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2022 and 54 closed out, a net change of +28 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2022 was AllianceBernstein, an estimated $57.2M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2022 was Mercer Global Advisors, an estimated $28.4M sold.
Based on aggregated 13F filings for Q4 2022.