State Street SPDR Nuveen ICE Municipal Bond ETF
106 hedge funds and large institutions have $586M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 46 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
5% more funds holding
Funds holding: 101 → 106 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.85% less ownership
Funds ownership: 30.58% → 29.73% (-0.85%)
12% less capital invested
Capital invested by funds: $669M → $586M (-$83.2M)
43% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 46
Top Buyers
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.8M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$6.86M |
| 3 |
Citigroup
New York
|
+$2.31M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.27M |
| 5 |
FA
FDx Advisors
Chicago,
Illinois
|
+$1.78M |
Top Sellers
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$42.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$33.4M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$14.7M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$5.89M |
| 5 |
CC
Curian Capital
Denver,
Colorado
|
-$4.88M |
TFI Hedge Fund Activity: Q3 2013 in Review
106 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2013, worth a combined $586M — down 12% from $669M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TFI positions and 9 closed out — a net gain of 7 holders — while 26 added to existing stakes and 46 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $19.8M. The largest seller was Karpus Investment Management, cutting an estimated $42.9M.
- 106 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2013, up from 101 in Q2 2013.
- Funds reported $586M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2013, down 12% quarter-over-quarter.
- 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2013 and 9 closed out, a net change of +7 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2013 was Deutsche Bank, an estimated $19.8M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2013 was Karpus Investment Management, an estimated $42.9M sold.
Based on aggregated 13F filings for Q3 2013.