State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
269 hedge funds and large institutions have $1.95B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 111 increasing their positions, 83 reducing their positions, and 20 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 83
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
1% more funds holding
Funds holding: 266 → 269 (+3)
4.75% less ownership
Funds ownership: 60.91% → 56.16% (-4.7%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
5% less capital invested
Capital invested by funds: $2.06B → $1.95B (-$109M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.13M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.35M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.52M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$5.11M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$68.6M |
| 2 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
-$34.4M |
| 3 |
PC
Premise Capital
Naperville,
Illinois
|
-$22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.8M |
| 5 |
B
Bailard
Foster City,
California
|
-$7.33M |
SHM Hedge Fund Activity: Q2 2017 in Review
269 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2017, worth a combined $1.95B — down 5.3% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SHM positions and 20 closed out — a net gain of 5 holders — while 111 added to existing stakes and 83 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.13M. The largest seller was Bank of America, cutting an estimated $68.6M.
- 269 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2017, up from 266 in Q1 2017.
- Funds reported $1.95B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2017, down 5.3% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2017 and 20 closed out, a net change of +5 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2017 was Morgan Stanley, an estimated $9.13M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2017 was Bank of America, an estimated $68.6M sold.
Based on aggregated 13F filings for Q2 2017.