State Street SPDR Nuveen ICE Municipal Bond ETF
241 hedge funds and large institutions have $2.7B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 78 increasing their positions, 75 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% more funds holding
Funds holding: 235 → 241 (+6)
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
2% more capital invested
Capital invested by funds: $2.65B → $2.7B (+$48.1M)
0.93% more ownership
Funds ownership: 90.34% → 91.26% (+0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$30.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.4M |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$7.69M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$18.5M |
| 2 |
Jane Street
New York
|
-$14.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.8M |
| 4 |
Wealthfront Advisers
Palo Alto,
California
|
-$5.3M |
| 5 |
B
Bailard
Foster City,
California
|
-$5.08M |
TFI Hedge Fund Activity: Q3 2019 in Review
241 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2019, worth a combined $2.7B — up 1.8% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TFI positions and 20 closed out — a net gain of 8 holders — while 78 added to existing stakes and 75 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $30.2M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $18.5M sold.
- 241 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2019, up from 235 in Q2 2019.
- Funds reported $2.7B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2019, up 1.8% quarter-over-quarter.
- 28 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2019 and 20 closed out, a net change of +8 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2019 was Financial Engines Advisors, an estimated $30.2M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2019 was Flow Traders U.S., an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2019.