State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
424 hedge funds and large institutions have $3.65B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 120 increasing their positions, 191 reducing their positions, and 32 closing their positions.
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
1% less funds holding
Funds holding: 428 → 424 (-4)
12.95% less ownership
Funds ownership: 107.53% → 94.57% (-13%)
13% less capital invested
Capital invested by funds: $4.2B → $3.65B (-$546M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
37% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 191
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$65.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$60.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$17.9M |
| 4 |
FG
Foster Group
West Des Moines,
Iowa
|
+$6.51M |
| 5 |
QC
Quent Capital
New York
|
+$5.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$278M |
| 2 |
Goldman Sachs
New York
|
-$141M |
| 3 |
Jane Street
New York
|
-$114M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$26.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$21.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTIM
451
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| – | -$202K | -4,226 | Closed |
|
|
MIM
452
MTM Investment Management
Spartanburg,
South Carolina
| – | -$165K | -3,459 | Closed |
|
|
CIAS
453
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$23.9K | -500 | Closed |
|
|
AWM
454
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$14.5K | -303 | Closed |
|
|
LFA
455
Level Financial Advisors
East Amherst,
New York
| – | -$12.8K | -268 | Closed |
|
456
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$11K | -231 | Closed |
|
|
PCM
457
Penserra Capital Management
Orinda,
California
| – | -$7K | -155 | Closed |
|
|
GAG
458
Goodman Advisory Group
Needham,
Massachusetts
| – | -$1.15K | -24 | Closed |
|
|
TAM
459
Tucker Asset Management
Littleton,
Colorado
| – | -$526 | -11 | Closed |
|
SHM Hedge Fund Activity: Q1 2024 in Review
424 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2024, worth a combined $3.65B — down 13% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SHM positions and 32 closed out — a net gain of 4 holders — while 120 added to existing stakes and 191 trimmed.
The largest buyer was CLA (CliftonLarsonAllen) Wealth Advisors, adding an estimated $65.5M. The largest seller was Morgan Stanley, cutting an estimated $278M.
- 424 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2024, down from 428 in Q4 2023.
- Funds reported $3.65B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2024, down 13% quarter-over-quarter.
- 36 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2024 and 32 closed out, a net change of +4 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2024 was CLA (CliftonLarsonAllen) Wealth Advisors, an estimated $65.5M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $278M sold.
Based on aggregated 13F filings for Q1 2024.