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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

444 hedge funds and large institutions have $3.95B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2022 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 129 increasing their positions, 181 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.66% less ownership

Funds ownership: 87.69%87.03% (-0.66%)

6% less funds holding

Funds holding: 470444 (-26)

6% less capital invested

Capital invested by funds: $4.22B → $3.95B (-$272M)

10% less funds holding in top 10

Funds holding in top 10: 2018 (-2)

27% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 67

29% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 181

Holders
444
Holders Change
-26
Holders Change %
-5.53%
% of All Funds
7.65%
Holding in Top 10
18
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-10%
% of All Funds
0.31%
New
49
Increased
129
Reduced
181
Closed
67
Calls
$281K
Puts
Net Calls
+$281K
Net Calls Change
+$281K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$773M -$60M -1,272,507 -7%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$402M +$12.6M +266,468 +3%
Morgan Stanley
3
Morgan Stanley
New York
$365M -$32.3M -684,624 -8%
Goldman Sachs
4
Goldman Sachs
New York
$240M +$35.3M +747,784 +17%
Wells Fargo
5
Wells Fargo
California
$226M +$36.3M +770,262 +19%
Mercer Global Advisors
6
Mercer Global Advisors
Colorado
$191M -$5.69M -120,697 -3%
UCFA
7
United Capital Financial Advisors
Texas
$181M +$30.4M +645,423 +20%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$98M +$3.9M +82,690 +4%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$88.7M -$30M -636,485 -25%
SEI Investments
10
SEI Investments
Pennsylvania
$71.5M +$42.6M +902,595 +139%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$70.9M -$7.46M -158,065 -9%
Financial Engines Advisors
12
Financial Engines Advisors
California
$51M -$2.19M -46,362 -4%
LPL Financial
13
LPL Financial
California
$42.6M +$1.5M +31,885 +4%
TNBTD
14
Trustmark National Bank Trust Department
Mississippi
$39.2M +$731K +15,496 +2%
UBS Group
15
UBS Group
Switzerland
$33M -$790K -16,753 -2%
BWM
16
Biltmore Wealth Management
Arizona
$32.4M -$194K -4,104 -0.6%
Osaic Holdings
17
Osaic Holdings
Arizona
$31.2M +$5.64M +119,560 +21%
SB
18
Sunflower Bank
Texas
$27.9M -$1.79M -38,027 -6%
OWA
19
Opal Wealth Advisors
New York
$26.7M +$3.49M +74,081 +15%
Ameriprise
20
Ameriprise
Minnesota
$24.8M -$105K -2,223 -0.4%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$22.3M -$2.74M -57,978 -11%
Stifel Financial
22
Stifel Financial
Missouri
$22.1M +$2.41M +51,145 +12%
Truist Financial
23
Truist Financial
North Carolina
$21.8M +$4.35M +92,156 +24%
AWA
24
Alaska Wealth Advisors
Alaska
$19.9M +$217K +4,608 +1%
AAS
25
Avantax Advisory Services
Texas
$18.9M -$1.88M -39,767 -9%

SHM Hedge Fund Activity: Q3 2022 in Review

444 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2022, worth a combined $3.95B — down 6.4% from $4.22B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of SHM and 49 opened new positions — a net loss of 18 holders — while 181 trimmed existing stakes and 129 added.

The largest buyer was SEI Investments, adding an estimated $42.6M. The largest seller was Raymond James & Associates, cutting an estimated $106M.

  • 444 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2022, down from 470 in Q2 2022.
  • Funds reported $3.95B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2022, down 6.4% quarter-over-quarter.
  • 49 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2022 and 67 closed out, a net change of -18 holders.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2022 was SEI Investments, an estimated $42.6M added.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2022 was Raymond James & Associates, an estimated $106M sold.

Based on aggregated 13F filings for Q3 2022.