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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM

395 hedge funds and large institutions have $3.57B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 155 increasing their positions, 114 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 24

36% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 114

7% more capital invested

Capital invested by funds: $3.34B → $3.57B (+$229M)

3% more funds holding

Funds holding: 384 → 395 (+11)

0.7% more ownership

Funds ownership: 83.06% → 83.75% (+0.7%)

8% less funds holding in top 10

Funds holding in top 10: 13 → 12 (-1)

Holders
395
Holders Change
+11
Holders Change %
+2.86%
% of All Funds
7.97%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.24%
New
41
Increased
155
Reduced
114
Closed
24
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$44.2M
2
UCFA
United Capital Financial Advisors
Texas
+$39.1M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$27.2M
4
KIM
Karpus Investment Management
New York
+$17.6M
5
Mercer Global Advisors
Mercer Global Advisors
Colorado
+$13.3M

Top Sellers

Rank Fund Capital Flow
1
RWP
RWA Wealth Partners
Massachusetts
-$12.3M
2
G
GenTrust
Florida
-$9.54M
3
B
Bailard
California
-$9.24M
4
MIA
MainStreet Investment Advisors
Illinois
-$4.45M
5
USAA
United Services Automobile Association
Texas
-$3.64M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$25.5M -$1.28M -25,531 -5%
SB
27
Sunflower Bank
Texas
$23M +$1.87M +37,472 +9%
RVPG
28
Relative Value Partners Group
$20.6M +$1.03M +20,674 +5%
G
29
GenTrust
Florida
$19.6M -$9.54M -191,069 -33%
AAS
30
Avantax Advisory Services
Texas
$19.4M +$3.28M +65,594 +20%
Truist Financial
31
Truist Financial
North Carolina
$19.2M +$580K +11,622 +3%
PSUF
32
People's United Financial
Connecticut
$17.9M -$1.62M -32,536 -8%
Jane Street
33
Jane Street
New York
$17.4M +$3.12M +62,388 +22%
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$16.2M +$5.43M +108,696 +50%
CCG
35
Chatham Capital Group
Georgia
$16M -$18.3K -367 -0.1%
SEI Investments
36
SEI Investments
Pennsylvania
$13.2M -$347K -6,954 -3%
CAG
37
Crestwood Advisors Group
Massachusetts
$11.5M +$305K +6,108 +3%
BSW
38
Buckingham Strategic Wealth
Missouri
$11.3M +$3.89M +77,988 +52%
ST
39
Smithfield Trust
Pennsylvania
$11M -$199K -3,988 -2%
MNG
40
Manning & Napier Group
New York
$10.9M – – –
RRC
41
Relaxing Retirement Coach
Massachusetts
$10.4M +$5.8M +116,223 +127%
CI
42
CX Institutional
Indiana
$9.39M +$2.55M +51,122 +37%
BCI
43
Brinker Capital Investments
Pennsylvania
$9.17M +$4.49M +89,855 +96%
EWM
44
Empirical Wealth Management
Washington
$8.61M +$385K +7,714 +5%
QAM
45
QCI Asset Management
New York
$8.6M +$8.62M +172,518 New
EC
46
Estate Counselors
Wisconsin
$8.56M +$6.12M +122,520 +249%
PI
47
Parkside Investments
Illinois
$8.33M +$2.89M +57,775 +53%
ERIM
48
Eagle Ridge Investment Management
Connecticut
$8.32M +$22.8K +456 +0.3%
NA
49
NewEdge Advisors
Louisiana
$7.88M +$184K +3,678 +2%
DC
50
Derby & Company
Massachusetts
$7.84M +$1.7M +34,116 +28%
1
2
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SHM Hedge Fund Activity: Q3 2020 in Review

395 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2020, worth a combined $3.57B — up 6.9% from $3.34B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SHM positions and 24 closed out — a net gain of 17 holders — while 155 added to existing stakes and 114 trimmed.

The largest buyer was Bank of America, adding an estimated $44.2M. The largest seller was RWA Wealth Partners, cutting an estimated $12.3M.

  • 395 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2020, up from 384 in Q2 2020.
  • Funds reported $3.57B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2020, up 6.9% quarter-over-quarter.
  • 41 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2020 and 24 closed out, a net change of +17 holders.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2020 was Bank of America, an estimated $44.2M added.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2020 was RWA Wealth Partners, an estimated $12.3M sold.

Based on aggregated 13F filings for Q3 2020.