State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
320 hedge funds and large institutions have $2.37B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 116 increasing their positions, 117 reducing their positions, and 27 closing their positions.
1% less capital invested
Capital invested by funds: $2.38B → $2.37B (-$14.5M)
0.62% less ownership
Funds ownership: 65.76% → 65.14% (-0.62%)
1% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 117
1% less funds holding
Funds holding: 323 → 320 (-3)
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$26.7M |
| 2 |
Jane Street
New York
|
+$24.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$15.7M |
| 4 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
+$8.81M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Premise Capital
Naperville,
Illinois
|
-$28.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$26.3M |
| 3 |
B
Bailard
Foster City,
California
|
-$11.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.6M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.32M |
SHM Hedge Fund Activity: Q3 2018 in Review
320 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2018, worth a combined $2.37B — down 0.61% from $2.38B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SHM and 25 opened new positions — a net loss of 2 holders — while 117 trimmed existing stakes and 116 added.
The largest buyer was Bank of America, adding an estimated $26.7M. The largest seller was Premise Capital, cutting an estimated $28.5M.
- 320 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2018, down from 323 in Q2 2018.
- Funds reported $2.37B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2018, down 0.61% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2018 and 27 closed out, a net change of -2 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2018 was Bank of America, an estimated $26.7M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2018 was Premise Capital, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2018.