State Street SPDR Nuveen ICE Municipal Bond ETF
264 hedge funds and large institutions have $2.71B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2019 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 68 reducing their positions, and 16 closing their positions.
175% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 16
25% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 68
10% more funds holding
Funds holding: 241 → 264 (+23)
0.6% more ownership
Funds ownership: 91.26% → 91.86% (+0.6%)
0% more capital invested
Capital invested by funds: $2.7B → $2.71B (+$11.4M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$10.6M |
| 2 |
Jane Street
New York
|
+$8.65M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$6.48M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$4.53M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$17.1M |
| 2 |
Betterment LLC
New York
|
-$13.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.93M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$5.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$102K | -2,010 | Closed |
|
|
BHWM
277
Bay Harbor Wealth Management
Hunt Valley,
Maryland
| – | -$94K | -1,859 | Closed |
|
|
EI
278
Ellevest Inc
New York
| – | -$8K | -153 | Closed |
|
|
CIR
279
Clear Investment Research
Alpharetta,
Georgia
| – | +$202 | +4 | New |
|
|
VFA
280
Valeo Financial Advisors
Carmel,
Indiana
| – | +$405 | +8 | New |
|
TFI Hedge Fund Activity: Q4 2019 in Review
264 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2019, worth a combined $2.71B — up 0.42% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TFI positions and 16 closed out — a net gain of 28 holders — while 85 added to existing stakes and 68 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $10.6M. The largest seller was Envestnet Asset Management, cutting an estimated $17.1M.
- 264 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2019, up from 241 in Q3 2019.
- Funds reported $2.71B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2019, up 0.42% quarter-over-quarter.
- 44 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2019 and 16 closed out, a net change of +28 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2019 was Truist Financial, an estimated $10.6M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2019 was Envestnet Asset Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q4 2019.