State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
426 hedge funds and large institutions have $3.96B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2023 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 135 increasing their positions, 170 reducing their positions, and 42 closing their positions.
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
4.62% more ownership
Funds ownership: 90.81% → 95.43% (+4.6%)
0% more capital invested
Capital invested by funds: $3.95B → $3.96B (+$4.05M)
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
1% less funds holding
Funds holding: 431 → 426 (-5)
21% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$138M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.77M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$7.55M |
| 4 |
QC
Quent Capital
New York
|
+$5.55M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$116M |
| 2 |
BWM
Biltmore Wealth Management
Tempe,
Arizona
|
-$32.5M |
| 3 |
Renaissance Technologies
New York
|
-$10M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$9.47M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$6.82M |
SHM Hedge Fund Activity: Q2 2023 in Review
426 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2023, worth a combined $3.96B — up 0.1% from $3.95B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of SHM and 39 opened new positions — a net loss of 3 holders — while 170 trimmed existing stakes and 135 added.
The largest buyer was Jane Street, adding an estimated $138M. The largest seller was Morgan Stanley, cutting an estimated $116M.
- 426 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2023, down from 431 in Q1 2023.
- Funds reported $3.96B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2023, up 0.1% quarter-over-quarter.
- 39 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2023 and 42 closed out, a net change of -3 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2023 was Jane Street, an estimated $138M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2023 was Morgan Stanley, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2023.