State Street SPDR Nuveen ICE Municipal Bond ETF
273 hedge funds and large institutions have $3.19B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2020 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 58 increasing their positions, 104 reducing their positions, and 34 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
38% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 34
18% more capital invested
Capital invested by funds: $2.71B → $3.19B (+$477M)
6.85% more ownership
Funds ownership: 91.86% → 98.71% (+6.8%)
3% more funds holding
Funds holding: 264 → 273 (+9)
37% less call options, than puts
Call options by funds: $390K | Put options by funds: $620K
44% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$378M |
| 2 |
JP Morgan Chase
New York
|
+$208M |
| 3 |
Morgan Stanley
New York
|
+$136M |
| 4 |
Financial Engines Advisors
Santa Clara,
California
|
+$88.7M |
| 5 |
Betterment LLC
New York
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$58.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$34.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$28.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$21.6M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$12.2M |
TFI Hedge Fund Activity: Q1 2020 in Review
273 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2020, worth a combined $3.19B — up 18% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new TFI positions and 34 closed out — a net gain of 13 holders — while 58 added to existing stakes and 104 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $378M. The largest seller was Fidelity Investments, cutting an estimated $58.1M.
- 273 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2020, up from 264 in Q4 2019.
- Funds reported $3.19B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2020, up 18% quarter-over-quarter.
- 47 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2020 and 34 closed out, a net change of +13 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $378M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2020 was Fidelity Investments, an estimated $58.1M sold.
Based on aggregated 13F filings for Q1 2020.