State Street SPDR Nuveen ICE Municipal Bond ETF
140 hedge funds and large institutions have $746M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 68 increasing their positions, 32 reducing their positions, and 15 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 32
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
1% less funds holding
Funds holding: 141 → 140 (-1)
3.45% less ownership
Funds ownership: 31.88% → 28.43% (-3.4%)
8% less capital invested
Capital invested by funds: $810M → $746M (-$64.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$9.36M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.63M |
| 4 |
Morgan Stanley
New York
|
+$4.08M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAS
Park Avenue Securities
New York
|
-$56.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$55M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.6M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.19M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
151
Apriem Advisors
Irvine,
California
| – | -$75K | -1,551 | Closed |
|
|
CP
152
Corbenic Partners
Bethlehem,
Pennsylvania
| – | -$62K | -1,285 | Closed |
|
|
PG
153
Patten Group
Chattanooga,
Tennessee
| – | -$31K | -650 | Closed |
|
154
US Bancorp
Minneapolis,
Minnesota
| – | -$13K | -269 | Closed |
|
|
MAS
155
Madden Advisory Services
Jacksonville,
Florida
| – | -$11K | -228 | Closed |
|
TFI Hedge Fund Activity: Q1 2015 in Review
140 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2015, worth a combined $746M — down 8% from $810M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TFI positions and 15 closed out — a net gain of 3 holders — while 68 added to existing stakes and 32 trimmed.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $9.36M. The largest seller was Park Avenue Securities, exiting entirely with an estimated $56.1M sold.
- 140 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2015, down from 141 in Q4 2014.
- Funds reported $746M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2015, down 8% quarter-over-quarter.
- 18 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2015 and 15 closed out, a net change of +3 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2015 was Charles Schwab Investment Advisory, an estimated $9.36M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2015 was Park Avenue Securities, an estimated $56.1M sold.
Based on aggregated 13F filings for Q1 2015.