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State Street SPDR Nuveen ICE Municipal Bond ETF

121 hedge funds and large institutions have $706M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 26 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 26

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

6% more capital invested

Capital invested by funds: $664M → $706M (+$42.4M)

4% more funds holding

Funds holding: 116121 (+5)

0.08% less ownership

Funds ownership: 29.59%29.51% (-0.08%)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $494K

Holders
121
Holders Change
+5
Holders Change %
+4.31%
% of All Funds
3.51%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
17
Increased
53
Reduced
26
Closed
11
Calls
Puts
$494K
Net Calls
-$494K
Net Calls Change
-$494K
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$195M +$6.29M +132,101 +3%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$58.6M +$2.23M +46,884 +4%
BTS
3
BB&T Securities
Virginia
$58.4M +$284K +5,970 +5%
Bank of America
4
Bank of America
North Carolina
$46.9M -$5.18M -108,854 -10%
Morgan Stanley
5
Morgan Stanley
New York
$42.3M -$5.81M -122,056 -12%
U
6
UBS
Switzerland
$33.8M +$12.2M +257,458 +58%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$29.2M +$1.68M +35,293 +6%
USAA
8
United Services Automobile Association
Texas
$19.6M +$425K +8,940 +2%
Deutsche Bank
9
Deutsche Bank
Germany
$17.4M -$3.06M -64,401 -15%
AssetMark Inc
10
AssetMark Inc
California
$17.3M +$218K +4,574 +1%
UBS AM
11
UBS AM
Illinois
$16M
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$13.5M +$2.17M +45,575 +19%
FA
13
FDx Advisors
Illinois
$13.4M +$1.65M +34,676 +14%
Wells Fargo
14
Wells Fargo
California
$10.8M +$354K +7,430 +3%
Citigroup
15
Citigroup
New York
$9.43M -$19.6K -411 -0.2%
PAG
16
Pinnacle Advisory Group
Maryland
$8.98M +$524K +11,009 +6%
Barclays
17
Barclays
United Kingdom
$8.29M +$111K +2,329 +1%
B
18
Bailard
California
$8.28M +$2.38M +50,031 +41%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$6.38M +$92.5K +1,945 +1%
NMIS
20
Northwestern Mutual Investment Services
Wisconsin
$5.79M +$1.06M +22,371 +23%
LG
21
Laidlaw Group
New York
$5.49M -$4.04K -85 -0.1%
JP Morgan Chase
22
JP Morgan Chase
New York
$5.42M +$320K +6,733 +6%
LPL Financial
23
LPL Financial
California
$5.01M +$47.3K +994 +1%
CIM
24
Confluence Investment Management
Missouri
$4.41M +$407K +8,554 +10%
Stifel Financial
25
Stifel Financial
Missouri
$3.92M +$130K +2,723 +3%

TFI Hedge Fund Activity: Q3 2014 in Review

121 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2014, worth a combined $706M — up 6.4% from $664M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TFI positions and 11 closed out — a net gain of 6 holders — while 53 added to existing stakes and 26 trimmed.

The largest buyer was UBS, adding an estimated $12.2M. The largest seller was Morgan Stanley, cutting an estimated $5.81M.

  • 121 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2014, up from 116 in Q2 2014.
  • Funds reported $706M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2014, up 6.4% quarter-over-quarter.
  • 17 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2014 and 11 closed out, a net change of +6 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2014 was UBS, an estimated $12.2M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2014 was Morgan Stanley, an estimated $5.81M sold.

Based on aggregated 13F filings for Q3 2014.