State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
361 hedge funds and large institutions have $2.41B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 100 increasing their positions, 131 reducing their positions, and 30 closing their positions.
77% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 30
5% more funds holding
Funds holding: 343 → 361 (+18)
0.2% more ownership
Funds ownership: 67.42% → 67.62% (+0.2%)
6% less capital invested
Capital invested by funds: $2.57B → $2.41B (-$156M)
15% less funds holding in top 10
Funds holding in top 10: 20 → 17 (-3)
24% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWM
Biltmore Wealth Management
Tempe,
Arizona
|
+$61.7M |
| 2 |
Morgan Stanley
New York
|
+$13.3M |
| 3 |
BSWM
Boston Standard Wealth Management
Winchester,
Massachusetts
|
+$13.1M |
| 4 |
Financial Engines Advisors
Santa Clara,
California
|
+$11.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$80.8M |
| 2 |
PC
Premise Capital
Naperville,
Illinois
|
-$68.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$65.4M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$19.2M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$16.2M |
SHM Hedge Fund Activity: Q1 2019 in Review
361 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2019, worth a combined $2.41B — down 6.1% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SHM positions and 30 closed out — a net gain of 23 holders — while 100 added to existing stakes and 131 trimmed.
The largest buyer was Biltmore Wealth Management, opening a new position worth an estimated $61.7M. The largest seller was Envestnet Asset Management, cutting an estimated $80.8M.
- 361 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2019, up from 343 in Q4 2018.
- Funds reported $2.41B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2019, down 6.1% quarter-over-quarter.
- 53 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2019 and 30 closed out, a net change of +23 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2019 was Biltmore Wealth Management, an estimated $61.7M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2019 was Envestnet Asset Management, an estimated $80.8M sold.
Based on aggregated 13F filings for Q1 2019.