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State Street SPDR Nuveen ICE Municipal Bond ETF

157 hedge funds and large institutions have $1.03B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 12

2% more funds holding

Funds holding: 154157 (+3)

10% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 51

5.14% less ownership

Funds ownership: 58.09%52.94% (-5.1%)

11% less capital invested

Capital invested by funds: $1.15B → $1.03B (-$123M)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
157
Holders Change
+3
Holders Change %
+1.95%
% of All Funds
4.19%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.21%
New
16
Increased
56
Reduced
51
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
26
HighTower Advisors
Illinois
$6.09M +$5.13M +101,830 +516%
ERIM
27
Eagle Ridge Investment Management
Connecticut
$5.93M -$11.8K -235 -0.2%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$5.72M -$1.08M -21,495 -16%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$4.88M -$1.32M -26,198 -21%
Citigroup
30
Citigroup
New York
$4.71M +$387K +7,694 +9%
CAM
31
Caprin Asset Management
Virginia
$4.63M -$49.8K -989 -1%
CFB
32
Cullen/Frost Bankers
Texas
$4.09M +$22K +437 +0.5%
UCFA
33
United Capital Financial Advisors
Texas
$3.59M -$186K -3,696 -5%
RJA
34
Raymond James & Associates
Florida
$3.55M -$1.32M -26,197 -27%
HWP
35
Hefty Wealth Partners
Indiana
$3.38M +$557K +11,057 +20%
CHA
36
Cedar Hill Associates
Illinois
$3.37M +$843K +16,750 +33%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$3.36M +$1.45M +28,870 +76%
SMA
38
Simply Money Advisors
Ohio
$3.26M +$3.27M +65,060 New
CRC
39
Curi RMB Capital
Illinois
$3.02M -$964K -19,157 -24%
WCM
40
Wealthcare Capital Management
Virginia
$2.93M +$473K +9,402 +19%
Franklin Resources
41
Franklin Resources
California
$2.84M -$70.5K -1,400 -2%
AG
42
Advisor Group
Arizona
$2.72M -$115K -2,281 -4%
LPL Financial
43
LPL Financial
California
$2.62M +$8.26K +164 +0.3%
PAG
44
Private Advisor Group
New Jersey
$2.3M +$157K +3,112 +7%
BUB
45
BBVA USA Bancshares
Texas
$2.29M +$478K +9,505 +26%
WTC
46
WhitTier Trust Company
Nevada
$2.27M
CCWA
47
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$2.07M +$495K +9,825 +31%
VKH
48
Virtu KCG Holdings
New York
$2M +$1.01M +20,044 +101%
TCM
49
Towercrest Capital Management
Pennsylvania
$1.76M +$48.2K +957 +3%
BCI
50
Brinker Capital Investments
Pennsylvania
$1.7M -$210K -4,172 -11%

TFI Hedge Fund Activity: Q3 2016 in Review

157 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2016, worth a combined $1.03B — down 11% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TFI positions and 12 closed out — a net gain of 4 holders — while 56 added to existing stakes and 51 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $11.4M. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $49.3M sold.

  • 157 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2016, up from 154 in Q2 2016.
  • Funds reported $1.03B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2016, down 11% quarter-over-quarter.
  • 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2016 and 12 closed out, a net change of +4 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2016 was Fidelity Investments, an estimated $11.4M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $49.3M sold.

Based on aggregated 13F filings for Q3 2016.