State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
470 hedge funds and large institutions have $4.23B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2022 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 130 increasing their positions, 185 reducing their positions, and 54 closing their positions.
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
35% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 54
3% more funds holding
Funds holding: 455 → 470 (+15)
3% less capital invested
Capital invested by funds: $4.37B → $4.23B (-$141M)
1.23% less ownership
Funds ownership: 88.91% → 87.69% (-1.2%)
30% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 185
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$63.1M |
| 2 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
+$23.7M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$22.8M |
| 4 |
Renaissance Technologies
New York
|
+$21.9M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$134M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$47.5M |
| 3 |
Citigroup
New York
|
-$45.6M |
| 4 |
Morgan Stanley
New York
|
-$31.5M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$25.8M |
SHM Hedge Fund Activity: Q2 2022 in Review
470 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2022, worth a combined $4.23B — down 3.2% from $4.37B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new SHM positions and 54 closed out — a net gain of 19 holders — while 130 added to existing stakes and 185 trimmed.
The largest buyer was Wells Fargo, adding an estimated $63.1M. The largest seller was Raymond James & Associates, cutting an estimated $134M.
- 470 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2022, up from 455 in Q1 2022.
- Funds reported $4.23B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2022, down 3.2% quarter-over-quarter.
- 73 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2022 and 54 closed out, a net change of +19 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2022 was Wells Fargo, an estimated $63.1M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2022 was Raymond James & Associates, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2022.