State Street SPDR Nuveen ICE Municipal Bond ETF
314 hedge funds and large institutions have $2.7B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 128 increasing their positions, 82 reducing their positions, and 25 closing their positions.
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
56% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 82
6% more funds holding
Funds holding: 296 → 314 (+18)
2% more capital invested
Capital invested by funds: $2.64B → $2.7B (+$61.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.2% less ownership
Funds ownership: 77.85% → 77.65% (-0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$28.1M |
| 2 |
Jane Street
New York
|
+$23.1M |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$16.4M |
| 4 |
5L
55I LLC
Boston,
Massachusetts
|
+$15.4M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
-$19.4M |
| 2 |
JP Morgan Chase
New York
|
-$12.5M |
| 3 |
Bank of New York Mellon
New York
|
-$5.91M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$2.47M |
| 5 |
Renaissance Technologies
New York
|
-$2.2M |
TFI Hedge Fund Activity: Q1 2021 in Review
314 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2021, worth a combined $2.7B — up 2.3% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new TFI positions and 25 closed out — a net gain of 22 holders — while 128 added to existing stakes and 82 trimmed.
The largest buyer was Bank of America, adding an estimated $28.1M. The largest seller was Wealthfront Advisers, cutting an estimated $19.4M.
- 314 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2021, up from 296 in Q4 2020.
- Funds reported $2.7B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2021, up 2.3% quarter-over-quarter.
- 47 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2021 and 25 closed out, a net change of +22 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2021 was Bank of America, an estimated $28.1M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2021 was Wealthfront Advisers, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2021.