State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
379 hedge funds and large institutions have $2.68B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2019 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 146 increasing their positions, 91 reducing their positions, and 24 closing their positions.
200% more capital inflows, than outflows
Capital inflows: $302M | Capital outflows: $101M
138% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 24
60% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 91
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
6% more funds holding
Funds holding: 356 → 379 (+23)
1.52% more ownership
Funds ownership: 69.7% → 71.22% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$63.4M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$23.6M |
| 3 |
Alaska Wealth Advisors
Anchorage,
Alaska
|
+$23.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21.9M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$25.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$11M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$6.42M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.94M |
SHM Hedge Fund Activity: Q4 2019 in Review
379 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q4 2019, worth a combined $2.68B — up 6.8% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SHM positions and 24 closed out — a net gain of 33 holders — while 146 added to existing stakes and 91 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $63.4M. The largest seller was UBS Group, cutting an estimated $25.8M.
- 379 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q4 2019, up from 356 in Q3 2019.
- Funds reported $2.68B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q4 2019, up 6.8% quarter-over-quarter.
- 57 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q4 2019 and 24 closed out, a net change of +33 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q4 2019 was Raymond James & Associates, an estimated $63.4M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q4 2019 was UBS Group, an estimated $25.8M sold.
Based on aggregated 13F filings for Q4 2019.