State Street SPDR Nuveen ICE Municipal Bond ETF
101 hedge funds and large institutions have $531M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 39 reducing their positions, and 20 closing their positions.
0.96% less ownership
Funds ownership: 29.73% → 28.77% (-0.96%)
5% less funds holding
Funds holding: 106 → 101 (-5)
9% less capital invested
Capital invested by funds: $586M → $531M (-$55.1M)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
28% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 39
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
B
Bailard
Foster City,
California
|
+$6.44M |
| 2 |
Jane Street
New York
|
+$5.96M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.23M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$3.79M |
| 5 |
Morgan Stanley
New York
|
+$3.67M |
Top Sellers
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$34.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.6M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$8.19M |
| 4 |
AssetMark Inc
Concord,
California
|
-$2.98M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.46M |
TFI Hedge Fund Activity: Q4 2013 in Review
101 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2013, worth a combined $531M — down 9.4% from $586M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TFI and 18 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 28 added.
The largest buyer was Bailard, opening a new position worth an estimated $6.44M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $34.4M sold.
- 101 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2013, down from 106 in Q3 2013.
- Funds reported $531M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2013, down 9.4% quarter-over-quarter.
- 18 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2013 and 20 closed out, a net change of -2 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2013 was Bailard, an estimated $6.44M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2013 was Karpus Investment Management, an estimated $34.4M sold.
Based on aggregated 13F filings for Q4 2013.