State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
402 hedge funds and large institutions have $3.66B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 110 increasing their positions, 184 reducing their positions, and 51 closing their positions.
1.63% less ownership
Funds ownership: 95.43% → 93.8% (-1.6%)
6% less funds holding
Funds holding: 426 → 402 (-24)
8% less capital invested
Capital invested by funds: $3.96B → $3.66B (-$300M)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
35% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 51
40% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 184
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $46K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$57.7M |
| 2 |
JP Morgan Chase
New York
|
+$41.8M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$23.8M |
| 4 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
+$15.2M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$117M |
| 2 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$46.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$42.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$39.1M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$19.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
451
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$3.15K | -67 | Closed |
|
|
VNIM
452
Vaughan Nelson Investment Management
Houston,
Texas
| – | -$1K | -25 | Closed |
|
|
CAS
453
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.03K | -22 | Closed |
|
|
JFGIW
454
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$800 | -17 | Closed |
|
|
IRC
455
Investors Research Corp
Atlanta,
Georgia
| – | -$423 | -9 | Closed |
|
456
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$47 | -1 | Closed |
|
SHM Hedge Fund Activity: Q3 2023 in Review
402 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2023, worth a combined $3.66B — down 7.6% from $3.96B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of SHM and 33 opened new positions — a net loss of 18 holders — while 184 trimmed existing stakes and 110 added.
The largest buyer was Wells Fargo, adding an estimated $57.7M. The largest seller was Jane Street, cutting an estimated $117M.
- 402 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2023, down from 426 in Q2 2023.
- Funds reported $3.66B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2023, down 7.6% quarter-over-quarter.
- 33 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2023 and 51 closed out, a net change of -18 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2023 was Wells Fargo, an estimated $57.7M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2023 was Jane Street, an estimated $117M sold.
Based on aggregated 13F filings for Q3 2023.