State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
424 hedge funds and large institutions have $4.2B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2021 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 173 increasing their positions, 119 reducing their positions, and 36 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 119
5% more capital invested
Capital invested by funds: $3.99B → $4.2B (+$212M)
6% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 36
0.39% more ownership
Funds ownership: 86.15% → 86.55% (+0.39%)
0% less funds holding
Funds holding: 426 → 424 (-2)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$63M |
| 2 |
Goldman Sachs
New York
|
+$41.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$35.1M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$19.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
-$33.6M |
| 2 |
Jane Street
New York
|
-$17.2M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.55M |
| 4 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
-$6.31M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.75M |
SHM Hedge Fund Activity: Q2 2021 in Review
424 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2021, worth a combined $4.2B — up 5.3% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SHM positions and 36 closed out — a net gain of 2 holders — while 173 added to existing stakes and 119 trimmed.
The largest buyer was Bank of America, adding an estimated $63M. The largest seller was Bailard, cutting an estimated $33.6M.
- 424 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2021, down from 426 in Q1 2021.
- Funds reported $4.2B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2021, up 5.3% quarter-over-quarter.
- 38 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2021 and 36 closed out, a net change of +2 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2021 was Bank of America, an estimated $63M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2021 was Bailard, an estimated $33.6M sold.
Based on aggregated 13F filings for Q2 2021.