State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
209 hedge funds and large institutions have $1.45B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 70 increasing their positions, 75 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
6% more funds holding
Funds holding: 198 → 209 (+11)
3% more capital invested
Capital invested by funds: $1.41B → $1.45B (+$47.2M)
0.41% more ownership
Funds ownership: 26.3% → 26.71% (+0.41%)
7% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$57.4M |
| 2 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
+$18.8M |
| 3 |
GC
Gratus Capital
Atlanta,
Georgia
|
+$9.72M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.31M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$8.72M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$6.94M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.94M |
| 4 |
Morgan Stanley
New York
|
-$4.73M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$3.74M |
SHM Hedge Fund Activity: Q3 2015 in Review
209 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2015, worth a combined $1.45B — up 3.4% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SHM positions and 10 closed out — a net gain of 13 holders — while 70 added to existing stakes and 75 trimmed.
The largest buyer was Bank of America, adding an estimated $57.4M. The largest seller was Citigroup, cutting an estimated $8.72M.
- 209 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2015, up from 198 in Q2 2015.
- Funds reported $1.45B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2015, up 3.4% quarter-over-quarter.
- 23 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2015 and 10 closed out, a net change of +13 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2015 was Bank of America, an estimated $57.4M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2015 was Citigroup, an estimated $8.72M sold.
Based on aggregated 13F filings for Q3 2015.