We are live on ! Find out more
SHM icon

State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM

428 hedge funds and large institutions have $4.2B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 111 increasing their positions, 186 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 46

15% more capital invested

Capital invested by funds: $3.66B → $4.2B (+$539M)

13.73% more ownership

Funds ownership: 93.8% → 107.53% (+14%)

6% more funds holding

Funds holding: 402 → 428 (+26)

40% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 186

42% less funds holding in top 10

Funds holding in top 10: 12 → 7 (-5)

Holders
428
Holders Change
+26
Holders Change %
+6.47%
% of All Funds
6.24%
Holding in Top 10
7
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-41.67%
% of All Funds
0.1%
New
81
Increased
111
Reduced
186
Closed
46
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$264M
2
Goldman Sachs
Goldman Sachs
New York
+$240M
3
Jane Street
Jane Street
New York
+$69.3M
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$30.2M
5
Wells Fargo
Wells Fargo
California
+$27.7M

Top Sellers

Rank Fund Capital Flow
1
UCFA
United Capital Financial Advisors
Texas
-$75.6M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$68.4M
3
AWA
Alaska Wealth Advisors
Alaska
-$30.2M
4
SEI Investments
SEI Investments
Pennsylvania
-$21.7M
5
ACA
Ackerman Capital Advisors
Texas
-$14.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
GAG
426
Goodman Advisory Group
Massachusetts
$1.15K – – –
BNP Paribas Financial Markets
427
BNP Paribas Financial Markets
France
$1.05K +$1.03K +22 New
SRCM
428
Signature Resources Capital Management
California
$1.05K +$1.03K +22 New
TAM
429
Tucker Asset Management
Colorado
$526 +$516 +11 New
FPF
430
First Pacific Financial
Washington
$431 +$422 +9 New
TRCT
431
Tower Research Capital (TRC)
New York
$430 +$422 +9 New
FAM
432
Family Asset Management
South Carolina
$7 -$1.78K -38 Closed
GA
433
Gateway Advisory
New Jersey
– -$5.3M -114,596 Closed
HIF
434
Hill Island Financial
Michigan
– -$1.8M -38,948 Closed
Northern Trust
435
Northern Trust
Illinois
– -$1.26M -27,251 Closed
CIA
436
Compass Ion Advisors
Pennsylvania
– -$1.03M -22,368 Closed
FMP
437
Financial Management Professionals
Texas
– -$937K -20,258 Closed
FFN
438
Focus Financial Network
Minnesota
– -$775K -16,762 Closed
OIA
439
OneDigital Investment Advisors
Kansas
– -$594K -12,845 Closed
CTA
440
Colonial Trust Advisors
South Carolina
– -$462K -10,000 Closed
CAM
441
Cresset Asset Management
Illinois
– -$399K -8,626 Closed
CFP
442
Cypress Financial Planning
New Jersey
– -$393K -8,498 Closed
SWA
443
Stratos Wealth Advisors
Ohio
– -$387K -8,366 Closed
WA
444
Wealthstar Advisors
Texas
– -$364K -7,864 Closed
ARC
445
Advisor Resource Council
Texas
– -$355K -7,675 Closed
CWM
446
Collaborative Wealth Management
Florida
– -$352K -7,605 Closed
DB
447
Dravo Bay
Delaware
– -$342K -7,399 Closed
BHWM
448
Beaird Harris Wealth Management
Texas
– -$331K -7,160 Closed
MLA
449
My Legacy Advisors
Oregon
– -$311K -6,737 Closed
TF
450
Theory Financial
Colorado
– -$308K -6,653 Closed
16 17
18
19 20

SHM Hedge Fund Activity: Q4 2023 in Review

428 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2023, worth a combined $4.2B — up 15% from $3.66B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new SHM positions and 46 closed out — a net gain of 35 holders — while 111 added to existing stakes and 186 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $264M. The largest seller was United Capital Financial Advisors, cutting an estimated $75.6M.

  • 428 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2023, up from 402 in Q3 2023.
  • Funds reported $4.2B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2023, up 15% quarter-over-quarter.
  • 81 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2023 and 46 closed out, a net change of +35 holders.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $264M added.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2023 was United Capital Financial Advisors, an estimated $75.6M sold.

Based on aggregated 13F filings for Q4 2023.