State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
277 hedge funds and large institutions have $2.18B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 110 increasing their positions, 84 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
31% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 84
12% more capital invested
Capital invested by funds: $1.95B → $2.18B (+$234M)
5.1% more ownership
Funds ownership: 56.16% → 61.26% (+5.1%)
3% more funds holding
Funds holding: 269 → 277 (+8)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$115M |
| 2 |
Jane Street
New York
|
+$41.5M |
| 3 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
+$35.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$32M |
| 5 |
Citigroup
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$18.3M |
| 2 |
RVPG
Relative Value Partners Group
|
-$17.3M |
| 3 |
CWM
CMH Wealth Management
Portsmouth,
New Hampshire
|
-$5.85M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4.43M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.65M |
SHM Hedge Fund Activity: Q3 2017 in Review
277 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 Q3 2017, worth a combined $2.18B — up 12% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SHM positions and 17 closed out — a net gain of 11 holders — while 110 added to existing stakes and 84 trimmed.
The largest buyer was Bank of America, adding an estimated $115M. The largest seller was Raymond James & Associates, cutting an estimated $18.3M.
- 277 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2017, up from 269 in Q2 2017.
- Funds reported $2.18B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2017, up 12% quarter-over-quarter.
- 28 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2017 and 17 closed out, a net change of +11 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2017 was Bank of America, an estimated $115M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2017 was Raymond James & Associates, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2017.