State Street SPDR Nuveen ICE Municipal Bond ETF
156 hedge funds and large institutions have $950M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
37% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 43
10% more capital invested
Capital invested by funds: $863M → $950M (+$87.1M)
8% more funds holding
Funds holding: 145 → 156 (+11)
0.9% more ownership
Funds ownership: 28.43% → 29.33% (+0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthfront
Palo Alto,
California
|
+$17.6M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$10.9M |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
+$9.49M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$8.58M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
-$9.09M |
| 2 |
Barclays
London,
United Kingdom
|
-$3.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.6M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.11M |
| 5 |
Jane Street
New York
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
151
Delta Asset Management
Memphis,
Tennessee
| $8K | – | – | – |
|
|
CFA
152
Carroll Financial Associates
Charlotte,
North Carolina
| $6K | – | – | – |
|
|
MFW
153
Mosaic Family Wealth
St. Louis,
Missouri
| $4K | +$4.98K | +103 | New |
|
154
Northern Trust
Chicago,
Illinois
| $4K | +$356K | +7,364 | New |
|
|
GBT
155
Grove Bank & Trust
Miami,
Florida
| $2K | +$2.17K | +45 | New |
|
156
BlackRock
New York
| $1K | +$1.45K | +30 | New |
|
|
B
157
Bailard
Foster City,
California
| – | -$9.09M | -188,429 | Closed |
|
|
158
Barclays
London,
United Kingdom
| – | -$3.4M | -70,935 | Closed |
|
|
159
Jane Street
New York
| – | -$1.95M | -40,376 | Closed |
|
160
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.05M | -21,714 | Closed |
|
|
FHA
161
First Horizon Advisors
Memphis,
Tennessee
| – | -$26K | -548 | Closed |
|
|
MA
162
MUFG Americas
New York
| – | -$24K | -488 | Closed |
|
|
MAS
163
Madden Advisory Services
Jacksonville,
Florida
| – | -$10K | -228 | Closed |
|
TFI Hedge Fund Activity: Q4 2015 in Review
156 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2015, worth a combined $950M — up 10% from $863M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TFI positions and 7 closed out — a net gain of 13 holders — while 59 added to existing stakes and 43 trimmed.
The largest buyer was Wealthfront, adding an estimated $17.6M. The largest seller was Bailard, exiting entirely with an estimated $9.09M sold.
- 156 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2015, up from 145 in Q3 2015.
- Funds reported $950M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2015, up 10% quarter-over-quarter.
- 20 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2015 and 7 closed out, a net change of +13 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2015 was Wealthfront, an estimated $17.6M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2015 was Bailard, an estimated $9.09M sold.
Based on aggregated 13F filings for Q4 2015.