State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
468 hedge funds and large institutions have $4.66B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2021 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 143 increasing their positions, 147 reducing their positions, and 31 closing their positions.
142% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 31
8% more funds holding
Funds holding: 433 → 468 (+35)
5% more capital invested
Capital invested by funds: $4.43B → $4.66B (+$231M)
1.74% more ownership
Funds ownership: 87.69% → 89.43% (+1.7%)
3% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 147
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$85.6M |
| 2 |
B
Bailard
Foster City,
California
|
+$41.9M |
| 3 |
Goldman Sachs
New York
|
+$29.5M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$26.8M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
-$16.7M |
| 2 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$12.2M |
| 3 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$9M |
| 4 |
EH
Equitable Holdings
New York
|
-$7.07M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$6.96M |
SHM Hedge Fund Activity: Q4 2021 in Review
468 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2021, worth a combined $4.66B — up 5.2% from $4.43B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new SHM positions and 31 closed out — a net gain of 44 holders — while 143 added to existing stakes and 147 trimmed.
The largest buyer was Jane Street, adding an estimated $85.6M. The largest seller was L.J. Altfest & Co, exiting entirely with an estimated $16.7M sold.
- 468 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2021, up from 433 in Q3 2021.
- Funds reported $4.66B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2021, up 5.2% quarter-over-quarter.
- 75 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2021 and 31 closed out, a net change of +44 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2021 was Jane Street, an estimated $85.6M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2021 was L.J. Altfest & Co, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2021.