State Street SPDR Nuveen ICE Municipal Bond ETF
241 hedge funds and large institutions have $2.58B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 95 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
8% more capital invested
Capital invested by funds: $2.38B → $2.58B (+$198M)
5.57% more ownership
Funds ownership: 84.47% → 90.04% (+5.6%)
0% less funds holding
Funds holding: 242 → 241 (-1)
40% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 95
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$204M |
| 2 |
RWM
Ritholtz Wealth Management
New York
|
+$19.1M |
| 3 |
Morgan Stanley
New York
|
+$18.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.8M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$49M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$19.9M |
| 3 |
PWG
Private Wealth Group
Tampa,
Florida
|
-$14.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$14.4M |
| 5 |
B
Bailard
Foster City,
California
|
-$11.1M |
TFI Hedge Fund Activity: Q1 2019 in Review
241 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2019, worth a combined $2.58B — up 8.3% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TFI positions and 21 closed out — a net gain of 4 holders — while 57 added to existing stakes and 95 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $204M. The largest seller was Bank of America, cutting an estimated $49M.
- 241 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2019, down from 242 in Q4 2018.
- Funds reported $2.58B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2019, up 8.3% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2019 and 21 closed out, a net change of +4 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2019 was Financial Engines Advisors, an estimated $204M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2019 was Bank of America, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2019.