State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
401 hedge funds and large institutions have $3.41B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 114 increasing their positions, 169 reducing their positions, and 43 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.59% less ownership
Funds ownership: 95.91% → 93.31% (-2.6%)
4% less funds holding
Funds holding: 419 → 401 (-18)
6% less capital invested
Capital invested by funds: $3.63B → $3.41B (-$216M)
33% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 169
33% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.2M |
| 2 |
Renaissance Technologies
New York
|
+$9.99M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.28M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$7.75M |
| 5 |
HB
HTLF Bank
Denver,
Colorado
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$178M |
| 2 |
Goldman Sachs
New York
|
-$44.5M |
| 3 |
Jane Street
New York
|
-$22.7M |
| 4 |
Betterment LLC
New York
|
-$21.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.5M |
SHM Hedge Fund Activity: Q3 2024 in Review
401 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2024, worth a combined $3.41B — down 6% from $3.63B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SHM and 29 opened new positions — a net loss of 14 holders — while 169 trimmed existing stakes and 114 added.
The largest buyer was Bank of America, adding an estimated $14.2M. The largest seller was Wells Fargo, cutting an estimated $178M.
- 401 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2024, down from 419 in Q2 2024.
- Funds reported $3.41B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2024, down 6% quarter-over-quarter.
- 29 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2024 and 43 closed out, a net change of -14 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2024 was Bank of America, an estimated $14.2M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2024 was Wells Fargo, an estimated $178M sold.
Based on aggregated 13F filings for Q3 2024.