State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
197 hedge funds and large institutions have $1.25B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 66 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
11% more funds holding
Funds holding: 178 → 197 (+19)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 66
5% less capital invested
Capital invested by funds: $1.31B → $1.25B (-$59.6M)
1.13% less ownership
Funds ownership: 25.61% → 24.47% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$8.14M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$5.68M |
| 3 |
Morgan Stanley
New York
|
+$4.87M |
| 4 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$66M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.31M |
| 3 |
APCM
Alaska Permanent Capital Management
Anchorage,
Alaska
|
-$5.44M |
| 4 |
Citigroup
New York
|
-$5.42M |
| 5 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$4.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
201
Tradewinds Capital Management
Bellingham,
Washington
| $1K | – | – | – |
|
|
PGA
202
Portland Global Advisors
Portland,
Maine
| – | -$2.09M | -42,743 | Closed |
|
|
PMG
203
ProVise Management Group
Clearwater,
Florida
| – | -$748K | -15,328 | Closed |
|
|
AWA
204
Arete Wealth Advisors
Chicago,
Illinois
| – | -$329K | -6,735 | Closed |
|
|
VKH
205
Virtu KCG Holdings
New York
| – | -$322K | -6,593 | Closed |
|
|
YP
206
Yellowstone Partners
Idaho Falls,
Idaho
| – | -$221K | -4,533 | Closed |
|
|
RNS
207
Robert N. Shapiro
| – | -$8.62K | -177 | -99% |
|
|
EWM
208
Evercore Wealth Management
New York
| – | -$8K | -156 | Closed |
|
|
NFG
209
Next Financial Group
Houston,
Texas
| – | -$2K | -46 | Closed |
|
210
Parallax Volatility Advisers
San Francisco,
California
| – | +$49 | +1 | New |
|
SHM Hedge Fund Activity: Q4 2014 in Review
197 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2014, worth a combined $1.25B — down 4.6% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SHM positions and 8 closed out — a net gain of 22 holders — while 65 added to existing stakes and 66 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $8.14M. The largest seller was Bank of America, cutting an estimated $66M.
- 197 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2014, up from 178 in Q3 2014.
- Funds reported $1.25B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2014, down 4.6% quarter-over-quarter.
- 30 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2014 and 8 closed out, a net change of +22 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2014 was Managed Account Advisors, an estimated $8.14M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2014 was Bank of America, an estimated $66M sold.
Based on aggregated 13F filings for Q4 2014.