State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
204 hedge funds and large institutions have $1.42B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 88 increasing their positions, 61 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
44% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 61
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
14% more capital invested
Capital invested by funds: $1.25B → $1.42B (+$174M)
4% more funds holding
Funds holding: 197 → 204 (+7)
1.39% more ownership
Funds ownership: 24.47% → 25.86% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$79.1M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$15M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.1M |
| 4 |
Citigroup
New York
|
+$9.29M |
| 5 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$8.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$4.43M |
| 2 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$3.99M |
| 3 |
AT
Arden Trust
Wilmington,
Delaware
|
-$3.12M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$2.96M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.41M |
SHM Hedge Fund Activity: Q1 2015 in Review
204 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2015, worth a combined $1.42B — up 14% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SHM positions and 10 closed out — a net gain of 11 holders — while 88 added to existing stakes and 61 trimmed.
The largest buyer was Bank of America, adding an estimated $79.1M. The largest seller was Windham Capital Management, cutting an estimated $4.43M.
- 204 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2015, up from 197 in Q4 2014.
- Funds reported $1.42B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2015, up 14% quarter-over-quarter.
- 21 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2015 and 10 closed out, a net change of +11 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2015 was Bank of America, an estimated $79.1M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2015 was Windham Capital Management, an estimated $4.43M sold.
Based on aggregated 13F filings for Q1 2015.