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State Street SPDR Nuveen ICE Municipal Bond ETF

116 hedge funds and large institutions have $664M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

24% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 34

9% more capital invested

Capital invested by funds: $607M → $664M (+$57M)

7% more funds holding

Funds holding: 108116 (+8)

0.1% more ownership

Funds ownership: 29.49%29.59% (+0.1%)

Holders
116
Holders Change
+8
Holders Change %
+7.41%
% of All Funds
3.33%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
14
Increased
42
Reduced
34
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$186M +$8.82M +187,165 +5%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$55.6M +$1.69M +35,862 +3%
BTS
3
BB&T Securities
Virginia
$54.8M +$2.65M +56,251 +94%
Bank of America
4
Bank of America
North Carolina
$51.4M -$9.46M -200,913 -16%
Morgan Stanley
5
Morgan Stanley
New York
$47.5M +$9.33M +198,018 +25%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$27.2M +$1.21M +25,597 +5%
U
7
UBS
Switzerland
$21.2M +$2.48M +52,698 +13%
Deutsche Bank
8
Deutsche Bank
Germany
$20.2M -$814K -17,283 -4%
USAA
9
United Services Automobile Association
Texas
$18.9M +$816K +17,317 +5%
AssetMark Inc
10
AssetMark Inc
California
$16.9M -$1.12M -23,719 -6%
FA
11
FDx Advisors
Illinois
$11.6M +$838K +17,782 +8%
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$11.2M +$2.3M +48,924 +26%
UBS AM
13
UBS AM
Illinois
$10.4M
Wells Fargo
14
Wells Fargo
California
$10.3M +$1.02M +21,731 +11%
Citigroup
15
Citigroup
New York
$9.32M +$831K +17,636 +10%
PAG
16
Pinnacle Advisory Group
Maryland
$8.34M +$293K +6,216 +4%
Barclays
17
Barclays
United Kingdom
$7.84M +$342K +7,255 +4%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$6.2M -$440K -9,347 -7%
B
19
Bailard
California
$5.79M -$1.73M -36,719 -23%
LG
20
Laidlaw Group
New York
$5.42M -$3.53K -75 -0.1%
JP Morgan Chase
21
JP Morgan Chase
New York
$5.03M +$709K +15,060 +17%
LPL Financial
22
LPL Financial
California
$4.89M +$358K +7,595 +8%
NMIS
23
Northwestern Mutual Investment Services
Wisconsin
$4.66M +$867K +18,399 +23%
UCFA
24
United Capital Financial Advisors
Texas
$3.99M -$317K -6,736 -7%
CIM
25
Confluence Investment Management
Missouri
$3.94M +$161K +3,419 +4%

TFI Hedge Fund Activity: Q2 2014 in Review

116 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q2 2014, worth a combined $664M — up 9.4% from $607M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new TFI positions and 6 closed out — a net gain of 8 holders — while 42 added to existing stakes and 34 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $9.33M. The largest seller was Bank of America, cutting an estimated $9.46M.

  • 116 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q2 2014, up from 108 in Q1 2014.
  • Funds reported $664M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q2 2014, up 9.4% quarter-over-quarter.
  • 14 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q2 2014 and 6 closed out, a net change of +8 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q2 2014 was Morgan Stanley, an estimated $9.33M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q2 2014 was Bank of America, an estimated $9.46M sold.

Based on aggregated 13F filings for Q2 2014.