State Street SPDR Nuveen ICE Municipal Bond ETF
176 hedge funds and large institutions have $1.42B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 59 increasing their positions, 51 reducing their positions, and 16 closing their positions.
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
38% more capital invested
Capital invested by funds: $1.03B → $1.42B (+$392M)
16% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 51
15.42% more ownership
Funds ownership: 52.94% → 68.36% (+15%)
12% more funds holding
Funds holding: 157 → 176 (+19)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthfront
Palo Alto,
California
|
+$144M |
| 2 |
Betterment LLC
New York
|
+$128M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$69.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$29.4M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$10.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.69M |
| 4 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$9.04M |
| 5 |
UFF
USA Financial Formulas
Ada,
Michigan
|
-$7.36M |
TFI Hedge Fund Activity: Q4 2016 in Review
176 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2016, worth a combined $1.42B — up 38% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TFI positions and 16 closed out — a net gain of 22 holders — while 59 added to existing stakes and 51 trimmed.
The largest buyer was Wealthfront, adding an estimated $144M. The largest seller was Jane Street, cutting an estimated $13.5M.
- 176 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2016, up from 157 in Q3 2016.
- Funds reported $1.42B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2016, up 38% quarter-over-quarter.
- 38 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2016 and 16 closed out, a net change of +22 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2016 was Wealthfront, an estimated $144M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2016 was Jane Street, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2016.