State Street SPDR Nuveen ICE Municipal Bond ETF
297 hedge funds and large institutions have $3.16B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 97 increasing their positions, 113 reducing their positions, and 37 closing their positions.
5% less funds holding
Funds holding: 313 → 297 (-16)
14.05% less ownership
Funds ownership: 101.04% → 86.99% (-14%)
14% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 113
18% less capital invested
Capital invested by funds: $3.83B → $3.16B (-$674M)
32% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.4M |
| 2 |
FG
Foster Group
West Des Moines,
Iowa
|
+$26M |
| 3 |
Jane Street
New York
|
+$21M |
| 4 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$15.5M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$546M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$73.8M |
| 3 |
B
Bailard
Foster City,
California
|
-$30M |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$23.3M |
| 5 |
AA
ACT Advisors
Asheville,
North Carolina
|
-$15.9M |
TFI Hedge Fund Activity: Q1 2024 in Review
297 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2024, worth a combined $3.16B — down 18% from $3.83B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of TFI and 25 opened new positions — a net loss of 12 holders — while 113 trimmed existing stakes and 97 added.
The largest buyer was Bank of America, adding an estimated $33.4M. The largest seller was Morgan Stanley, cutting an estimated $546M.
- 297 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2024, down from 313 in Q4 2023.
- Funds reported $3.16B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2024, down 18% quarter-over-quarter.
- 25 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2024 and 37 closed out, a net change of -12 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2024 was Bank of America, an estimated $33.4M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $546M sold.
Based on aggregated 13F filings for Q1 2024.