State Street SPDR Nuveen ICE Municipal Bond ETF
163 hedge funds and large institutions have $1.49B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 26 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
5% more capital invested
Capital invested by funds: $1.42B → $1.49B (+$66.2M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.9% less ownership
Funds ownership: 68.36% → 67.46% (-0.9%)
7% less funds holding
Funds holding: 176 → 163 (-13)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$45.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$19.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$13.3M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
-$24.1M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$15.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.84M |
| 4 |
WCM
Wealthcare Capital Management
Richmond,
Virginia
|
-$3.88M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$3.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FBFS
176
First Business Financial Services
Madison,
Wisconsin
| – | -$238K | -5,025 | Closed |
|
|
PFS
177
Prospera Financial Services
Dallas,
Texas
| – | -$236K | -4,949 | Closed |
|
|
MC
178
Moors & Cabot
Boston,
Massachusetts
| – | -$216K | -4,544 | Closed |
|
179
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$192K | -4,052 | Closed |
|
|
CTB
180
Country Trust Bank
Bloomington,
Illinois
| – | -$168K | -3,537 | Closed |
|
|
AA
181
Ancora Advisors
Cleveland,
Ohio
| – | -$90K | -1,904 | Closed |
|
|
PA
182
Parallel Advisors
San Francisco,
California
| – | -$48K | -1,017 | Closed |
|
|
KKAMG
183
Kernodle & Katon Asset Management Group
Searcy,
Arkansas
| – | -$29K | -610 | Closed |
|
|
JIC
184
Joel Isaacson & Co
New York
| – | -$17K | -357 | Closed |
|
|
CFA
185
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$6K | -133 | Closed |
|
|
NC
186
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$5K | -105 | Closed |
|
|
AF
187
Allworth Financial
Folsom,
California
| – | -$2K | -47 | Closed |
|
|
GBT
188
Grove Bank & Trust
Miami,
Florida
| – | -$2K | -45 | Closed |
|
TFI Hedge Fund Activity: Q1 2017 in Review
163 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2017, worth a combined $1.49B — up 4.7% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TFI and 16 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 58 added.
The largest buyer was Betterment LLC, adding an estimated $45.1M. The largest seller was SEI Investments, cutting an estimated $24.1M.
- 163 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2017, down from 176 in Q4 2016.
- Funds reported $1.49B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2017, up 4.7% quarter-over-quarter.
- 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2017 and 26 closed out, a net change of -10 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2017 was Betterment LLC, an estimated $45.1M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2017 was SEI Investments, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2017.