State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
323 hedge funds and large institutions have $2.38B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 125 increasing their positions, 106 reducing their positions, and 29 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 106
1.44% more ownership
Funds ownership: 64.32% → 65.76% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
2% less capital invested
Capital invested by funds: $2.42B → $2.38B (-$37.8M)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
2% less funds holding
Funds holding: 330 → 323 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$47.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$16.4M |
| 4 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$14.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$49.1M |
| 2 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
-$26.4M |
| 3 |
B
Bailard
Foster City,
California
|
-$25.4M |
| 4 |
CC
Callan Capital
La Jolla,
California
|
-$24.2M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$20.6M |
SHM Hedge Fund Activity: Q2 2018 in Review
323 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2018, worth a combined $2.38B — down 1.6% from $2.42B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SHM and 27 opened new positions — a net loss of 2 holders — while 106 trimmed existing stakes and 125 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $47.8M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $49.1M sold.
- 323 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2018, down from 330 in Q1 2018.
- Funds reported $2.38B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2018, down 1.6% quarter-over-quarter.
- 27 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2018 and 29 closed out, a net change of -2 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $47.8M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2018 was Charles Schwab Investment Advisory, an estimated $49.1M sold.
Based on aggregated 13F filings for Q2 2018.