We are live on ! Find out more
TFI icon

State Street SPDR Nuveen ICE Municipal Bond ETF
TFI

101 hedge funds and large institutions have $531M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.96% less ownership

Funds ownership: 29.73% → 28.77% (-0.96%)

5% less funds holding

Funds holding: 106 → 101 (-5)

9% less capital invested

Capital invested by funds: $586M → $531M (-$55.1M)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

28% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 39

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

Holders
101
Holders Change
-5
Holders Change %
-4.72%
% of All Funds
2.93%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
18
Increased
28
Reduced
39
Closed
20
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
B
Bailard
California
+$6.44M
2
Jane Street
Jane Street
New York
+$5.96M
3
Wells Fargo
Wells Fargo
California
+$4.23M
4
Fisher Asset Management
Fisher Asset Management
Washington
+$3.79M
5
Morgan Stanley
Morgan Stanley
New York
+$3.67M

Top Sellers

1
KIM
Karpus Investment Management
New York
-$34.4M
2
Deutsche Bank
Deutsche Bank
Germany
-$20.6M
3
PAG
Pinnacle Advisory Group
Maryland
-$8.19M
4
AssetMark Inc
AssetMark Inc
California
-$2.98M
5
Barclays
Barclays
United Kingdom
-$2.46M
Name Holding Trade Value Shares
Change 		Change in
Stake
CNB
76
City National Bank
California
$226K +$6.61K +145 +3%
CAL
77
Capital Advisors Ltd
Ohio
$200K +$202K +4,427 New
GI
78
Gradient Investments
Minnesota
$188K -$48.8K -1,071 -20%
ClearBridge Investments
79
ClearBridge Investments
New York
$146K -$1.37K -30 -0.9%
MFS
80
MSI Financial Services
Massachusetts
$125K -$65K -1,426 -34%
PNC Financial Services Group
81
PNC Financial Services Group
Pennsylvania
$109K +$99.8K +2,188 +1,052%
DADC
82
D.A. Davidson & Co
Montana
$93K -$13K -285 -12%
JFA
83
JNBA Financial Advisors
Minnesota
$72K – – –
ACM
84
Antonetti Capital Management
Florida
$64K – – –
WTC
85
WhitTier Trust Company
Nevada
$51K – – –
LWCFA
86
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$45K – – –
AIG
87
American International Group
New York
$37.4K -$29K -636 -43%
HDIM
88
Hanson & Doremus Investment Management
Vermont
$36K – – –
NES
89
New England Securities
New York
$36K +$36.3K +795 New
PSUF
90
People's United Financial
Connecticut
$35K -$11.4K -250 -24%
M
91
MOTCO
Texas
$33K – – –
CEMP
92
Compass Efficient Model Portfolios
Tennessee
$29K +$182 +4 +0.6%
RNS
93
Robert N. Shapiro
$19K – – –
PAS
94
Partnervest Advisory Services
California
$15K +$15.5K +340 New
S
95
SignatureFD
Georgia
$11K +$10.7K +234 New
FAM
96
Formidable Asset Management
Ohio
$10K – – –
MAS
97
Madden Advisory Services
Florida
$10K – – –
BPBT
98
Boston Private Bank & Trust
Massachusetts
$9K – – –
ASN
99
Advisory Services Network
Georgia
$9K +$9.12K +200 New
DAM
100
Delta Asset Management
Tennessee
$7K – – –
1 2 3
4
5

TFI Hedge Fund Activity: Q4 2013 in Review

101 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2013, worth a combined $531M — down 9.4% from $586M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of TFI and 18 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 28 added.

The largest buyer was Bailard, opening a new position worth an estimated $6.44M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $34.4M sold.

  • 101 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2013, down from 106 in Q3 2013.
  • Funds reported $531M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2013, down 9.4% quarter-over-quarter.
  • 18 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2013 and 20 closed out, a net change of -2 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2013 was Bailard, an estimated $6.44M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2013 was Karpus Investment Management, an estimated $34.4M sold.

Based on aggregated 13F filings for Q4 2013.