State Street SPDR Nuveen ICE Municipal Bond ETF
271 hedge funds and large institutions have $2.58B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 99 increasing their positions, 75 reducing their positions, and 25 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 75
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
1% more funds holding
Funds holding: 268 → 271 (+3)
4% more call options, than puts
Call options by funds: $2.56M | Put options by funds: $2.46M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less capital invested
Capital invested by funds: $2.69B → $2.58B (-$101M)
1.34% less ownership
Funds ownership: 80.04% → 78.7% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.7M |
| 2 |
CI
CX Institutional
Auburn,
Indiana
|
+$11.6M |
| 3 |
TI
tru Independence
Portland,
Oregon
|
+$6.74M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.62M |
| 5 |
Financial Engines Advisors
Santa Clara,
California
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$60.4M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$49.5M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$29.5M |
| 4 |
Wealthfront Advisers
Palo Alto,
California
|
-$13.1M |
| 5 |
Betterment LLC
New York
|
-$9.22M |
TFI Hedge Fund Activity: Q3 2020 in Review
271 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2020, worth a combined $2.58B — down 3.8% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TFI positions and 25 closed out — a net gain of 5 holders — while 99 added to existing stakes and 75 trimmed.
The largest buyer was Bank of America, adding an estimated $14.7M. The largest seller was Jane Street, exiting entirely with an estimated $60.4M sold.
- 271 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2020, up from 268 in Q2 2020.
- Funds reported $2.58B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2020, down 3.8% quarter-over-quarter.
- 30 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2020 and 25 closed out, a net change of +5 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2020 was Bank of America, an estimated $14.7M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2020 was Jane Street, an estimated $60.4M sold.
Based on aggregated 13F filings for Q3 2020.