State Street SPDR Nuveen ICE Municipal Bond ETF
216 hedge funds and large institutions have $1.95B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 68 reducing their positions, and 18 closing their positions.
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
2% more funds holding
Funds holding: 212 → 216 (+4)
1.74% more ownership
Funds ownership: 74.32% → 76.05% (+1.7%)
9% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 68
1% more capital invested
Capital invested by funds: $1.94B → $1.95B (+$14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$66.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.3M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$12.4M |
| 4 |
W
Wealthfront
Palo Alto,
California
|
+$8.6M |
| 5 |
Financial Engines Advisors
Santa Clara,
California
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$45.9M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$13.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.94M |
| 4 |
Jane Street
New York
|
-$4.91M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.58M |
TFI Hedge Fund Activity: Q1 2018 in Review
216 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2018, worth a combined $1.95B — up 0.72% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TFI positions and 18 closed out — a net gain of 6 holders — while 74 added to existing stakes and 68 trimmed.
The largest buyer was Betterment LLC, adding an estimated $66.1M. The largest seller was Bank of America, cutting an estimated $45.9M.
- 216 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2018, up from 212 in Q4 2017.
- Funds reported $1.95B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2018, up 0.72% quarter-over-quarter.
- 24 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2018 and 18 closed out, a net change of +6 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2018 was Betterment LLC, an estimated $66.1M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2018 was Bank of America, an estimated $45.9M sold.
Based on aggregated 13F filings for Q1 2018.