State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
385 hedge funds and large institutions have $3.34B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 142 increasing their positions, 129 reducing their positions, and 41 closing their positions.
140% more capital inflows, than outflows
Capital inflows: $483M | Capital outflows: $201M
10% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 129
3.42% more ownership
Funds ownership: 79.65% → 83.07% (+3.4%)
2% less funds holding
Funds holding: 393 → 385 (-8)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
15% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$84.5M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$65.6M |
| 3 |
LPL Financial
San Diego,
California
|
+$28.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.8M |
| 5 |
Financial Engines Advisors
Santa Clara,
California
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$24.8M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$18.2M |
| 3 |
AJ Wealth Strategies
New York
|
-$17.5M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$11.1M |
| 5 |
United Services Automobile Association
San Antonio,
Texas
|
-$10.7M |
SHM Hedge Fund Activity: Q2 2020 in Review
385 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2020, worth a combined $3.34B — up 12% from $2.99B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SHM and 35 opened new positions — a net loss of 6 holders — while 129 trimmed existing stakes and 142 added.
The largest buyer was Envestnet Asset Management, adding an estimated $84.5M. The largest seller was Jane Street, cutting an estimated $24.8M.
- 385 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2020, down from 393 in Q1 2020.
- Funds reported $3.34B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2020, up 12% quarter-over-quarter.
- 35 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2020 and 41 closed out, a net change of -6 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2020 was Envestnet Asset Management, an estimated $84.5M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2020 was Jane Street, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2020.