State Street SPDR Nuveen ICE Municipal Bond ETF
294 hedge funds and large institutions have $2.89B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 93 increasing their positions, 102 reducing their positions, and 50 closing their positions.
3.23% more ownership
Funds ownership: 81.76% → 84.99% (+3.2%)
9% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 102
4% less funds holding
Funds holding: 307 → 294 (-13)
8% less capital invested
Capital invested by funds: $3.14B → $2.89B (-$254M)
18% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 50
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$43.5M |
| 2 |
JP Morgan Chase
New York
|
+$32.9M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$29.1M |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$26M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
-$148M |
| 2 |
Barclays
London,
United Kingdom
|
-$36.9M |
| 3 |
Betterment LLC
New York
|
-$32.1M |
| 4 |
LPL Financial
San Diego,
California
|
-$17.9M |
| 5 |
OWA
One Wealth Advisors
San Francisco,
California
|
-$15.2M |
TFI Hedge Fund Activity: Q3 2023 in Review
294 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2023, worth a combined $2.89B — down 8.1% from $3.14B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of TFI and 41 opened new positions — a net loss of 9 holders — while 102 trimmed existing stakes and 93 added.
The largest buyer was Jane Street, opening a new position worth an estimated $43.5M. The largest seller was Wealthfront Advisers, cutting an estimated $148M.
- 294 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2023, down from 307 in Q2 2023.
- Funds reported $2.89B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2023, down 8.1% quarter-over-quarter.
- 41 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2023 and 50 closed out, a net change of -9 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2023 was Jane Street, an estimated $43.5M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2023 was Wealthfront Advisers, an estimated $148M sold.
Based on aggregated 13F filings for Q3 2023.