State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
396 hedge funds and large institutions have $3.57B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 156 increasing their positions, 114 reducing their positions, and 24 closing their positions.
276% more capital inflows, than outflows
Capital inflows: $319M | Capital outflows: $85M
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
37% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 114
3% more funds holding
Funds holding: 385 → 396 (+11)
0.7% more ownership
Funds ownership: 83.07% → 83.77% (+0.7%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44.2M |
| 2 |
United Capital Financial Advisors
Irving,
Texas
|
+$39.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.2M |
| 4 |
Karpus Investment Management
Pittsford,
New York
|
+$17.6M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA Wealth Partners
Newton,
Massachusetts
|
-$12.3M |
| 2 |
GenTrust
Miami,
Florida
|
-$9.5M |
| 3 |
Bailard
Foster City,
California
|
-$9.24M |
| 4 |
MainStreet Investment Advisors
Chicago,
Illinois
|
-$4.45M |
| 5 |
United Services Automobile Association
San Antonio,
Texas
|
-$3.64M |
SHM Hedge Fund Activity: Q3 2020 in Review
396 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2020, worth a combined $3.57B — up 6.9% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SHM positions and 24 closed out — a net gain of 17 holders — while 156 added to existing stakes and 114 trimmed.
The largest buyer was Bank of America, adding an estimated $44.2M. The largest seller was RWA Wealth Partners, cutting an estimated $12.3M.
- 396 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2020, up from 385 in Q2 2020.
- Funds reported $3.57B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2020, up 6.9% quarter-over-quarter.
- 41 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2020 and 24 closed out, a net change of +17 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2020 was Bank of America, an estimated $44.2M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2020 was RWA Wealth Partners, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2020.