State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
321 hedge funds and large institutions have $2.18B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2017 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 110 increasing their positions, 101 reducing their positions, and 23 closing their positions.
196% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 23
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
16% more funds holding
Funds holding: 277 → 321 (+44)
1.01% more ownership
Funds ownership: 61.26% → 62.27% (+1%)
9% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 101
0% less capital invested
Capital invested by funds: $2.18B → $2.18B (-$4.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
+$39.4M |
| 2 |
Morgan Stanley
New York
|
+$16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.7M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$8.48M |
| 5 |
SFG
Sage Financial Group
W. Conshohocken,
Pennsylvania
|
+$8.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
-$49M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$46.6M |
| 3 |
Jane Street
New York
|
-$18.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16.8M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$16.3M |
SHM Hedge Fund Activity: Q4 2017 in Review
321 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2017, worth a combined $2.18B — down 0.21% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SHM positions and 23 closed out — a net gain of 45 holders — while 110 added to existing stakes and 101 trimmed.
The largest buyer was Bailard, adding an estimated $39.4M. The largest seller was Plancorp LLC, cutting an estimated $49M.
- 321 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2017, up from 277 in Q3 2017.
- Funds reported $2.18B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2017, down 0.21% quarter-over-quarter.
- 68 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2017 and 23 closed out, a net change of +45 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2017 was Bailard, an estimated $39.4M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2017 was Plancorp LLC, an estimated $49M sold.
Based on aggregated 13F filings for Q4 2017.