State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
392 hedge funds and large institutions have $2.99B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2020 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 123 increasing their positions, 147 reducing their positions, and 34 closing their positions.
65% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 34
11% more capital invested
Capital invested by funds: $2.69B → $2.99B (+$308M)
8.43% more ownership
Funds ownership: 71.21% → 79.64% (+8.4%)
4% more funds holding
Funds holding: 378 → 392 (+14)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
16% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$201M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$56.1M |
| 3 |
Goldman Sachs
New York
|
+$43.4M |
| 4 |
Jane Street
New York
|
+$38.5M |
| 5 |
B
Bailard
Foster City,
California
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$57.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$22.5M |
| 3 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
-$18.1M |
| 4 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
-$15.3M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.54M |
SHM Hedge Fund Activity: Q1 2020 in Review
392 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2020, worth a combined $2.99B — up 11% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new SHM positions and 34 closed out — a net gain of 22 holders — while 123 added to existing stakes and 147 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $201M. The largest seller was Bank of America, cutting an estimated $57.1M.
- 392 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2020, up from 378 in Q4 2019.
- Funds reported $2.99B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2020, up 11% quarter-over-quarter.
- 56 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2020 and 34 closed out, a net change of +22 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2020 was Morgan Stanley, an estimated $201M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2020 was Bank of America, an estimated $57.1M sold.
Based on aggregated 13F filings for Q1 2020.