State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
354 hedge funds and large institutions have $2.52B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 127 increasing their positions, 119 reducing their positions, and 30 closing their positions.
1.95% more ownership
Funds ownership: 67.62% → 69.57% (+1.9%)
7% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 119
4% more capital invested
Capital invested by funds: $2.41B → $2.52B (+$102M)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
2% less funds holding
Funds holding: 361 → 354 (-7)
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.9M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$14.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14M |
| 4 |
Morgan Stanley
New York
|
+$11.8M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSWM
Boston Standard Wealth Management
Winchester,
Massachusetts
|
-$13.1M |
| 2 |
EI
Ellevest Inc
New York
|
-$9.24M |
| 3 |
B
Bailard
Foster City,
California
|
-$4.49M |
| 4 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$3.12M |
| 5 |
Renaissance Technologies
New York
|
-$2.68M |
SHM Hedge Fund Activity: Q2 2019 in Review
354 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2019, worth a combined $2.52B — up 4.2% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SHM and 28 opened new positions — a net loss of 2 holders — while 119 trimmed existing stakes and 127 added.
The largest buyer was Envestnet Asset Management, adding an estimated $14.9M. The largest seller was Boston Standard Wealth Management, cutting an estimated $13.1M.
- 354 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2019, down from 361 in Q1 2019.
- Funds reported $2.52B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2019, up 4.2% quarter-over-quarter.
- 28 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2019 and 30 closed out, a net change of -2 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2019 was Envestnet Asset Management, an estimated $14.9M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2019 was Boston Standard Wealth Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2019.