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State Street SPDR Nuveen ICE Municipal Bond ETF

157 hedge funds and large institutions have $1.03B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 12

2% more funds holding

Funds holding: 154157 (+3)

10% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 51

5.14% less ownership

Funds ownership: 58.09%52.94% (-5.1%)

11% less capital invested

Capital invested by funds: $1.15B → $1.03B (-$123M)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
157
Holders Change
+3
Holders Change %
+1.95%
% of All Funds
4.19%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.21%
New
16
Increased
56
Reduced
51
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JCM
151
Jacobi Capital Management
Pennsylvania
$6K
WA
152
WFG Advisors
Texas
$4K -$145K -2,884 -98%
RBA
153
Richard Bernstein Advisors
New York
$4K +$4.08K +81 New
GBT
154
Grove Bank & Trust
Florida
$2K
CIM
155
Contravisory Investment Management
Massachusetts
$2K +$2.01K +40 New
MIM
156
Macroview Investment Management
Maryland
$1K +$956 +19 New
SCP
157
Syntal Capital Partners
Texas
$660 +$99K +1,966 +18%
Northwestern Mutual Wealth Management
158
Northwestern Mutual Wealth Management
Wisconsin
-$49.3M -973,886 Closed
State Street
159
State Street
Massachusetts
-$3.8M -75,190 Closed
ACM
160
Avalon Capital Management
California
-$2.4M -47,475 Closed
AIM
161
Advantage Investment Management
Iowa
-$1.78M -35,177 Closed
Baird Financial Group
162
Baird Financial Group
Wisconsin
-$1.46M -28,755 Closed
Bank of New York Mellon
163
Bank of New York Mellon
New York
-$1.44M -28,511 Closed
TNBTD
164
Trustmark National Bank Trust Department
Mississippi
-$548K -10,831 Closed
JFA
165
JNBA Financial Advisors
Minnesota
-$81K -1,605 Closed
CFA
166
CT Financial Advisors
Pennsylvania
-$14.3K -282 Closed
Manulife (Manufacturers Life Insurance)
167
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$9K -180 Closed
CA
168
CapWealth Advisors
Tennessee
-$6K -125 Closed
MFW
169
Mosaic Family Wealth
Missouri
-$6K -102 Closed
Parallax Volatility Advisers
170
Parallax Volatility Advisers
California
+$50 +1 New

TFI Hedge Fund Activity: Q3 2016 in Review

157 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2016, worth a combined $1.03B — down 11% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TFI positions and 12 closed out — a net gain of 4 holders — while 56 added to existing stakes and 51 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $11.4M. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $49.3M sold.

  • 157 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2016, up from 154 in Q2 2016.
  • Funds reported $1.03B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2016, down 11% quarter-over-quarter.
  • 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2016 and 12 closed out, a net change of +4 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2016 was Fidelity Investments, an estimated $11.4M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $49.3M sold.

Based on aggregated 13F filings for Q3 2016.