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State Street SPDR Nuveen ICE Municipal Bond ETF

141 hedge funds and large institutions have $810M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 31 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

343% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 7

81% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 31

17% more funds holding

Funds holding: 121141 (+20)

15% more capital invested

Capital invested by funds: $706M → $810M (+$104M)

2.37% more ownership

Funds ownership: 29.51%31.88% (+2.4%)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $275K

Holders
141
Holders Change
+20
Holders Change %
+16.53%
% of All Funds
3.76%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
31
Increased
56
Reduced
31
Closed
7
Calls
Puts
$275K
Net Calls
-$275K
Net Calls Change
+$219K
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$201M +$4.78M +99,186 +2%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$61M +$1.93M +40,092 +3%
PAS
3
Park Avenue Securities
New York
$56.1M +$55.9M +1,161,044 New
Morgan Stanley
4
Morgan Stanley
New York
$53M +$10.4M +215,559 +24%
Bank of America
5
Bank of America
North Carolina
$51.9M +$4.7M +97,502 +10%
UBS Group
6
UBS Group
Switzerland
$45.2M +$45M +935,372 New
BTS
7
BB&T Securities
Virginia
$43.2M -$1.56M -32,372 -27%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$31.9M +$2.41M +50,138 +8%
USAA
9
United Services Automobile Association
Texas
$20.2M +$445K +9,248 +2%
Deutsche Bank
10
Deutsche Bank
Germany
$18.6M +$1.06M +22,097 +6%
AssetMark Inc
11
AssetMark Inc
California
$17.8M +$349K +7,254 +2%
UBS AM
12
UBS AM
Illinois
$16.8M
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$14.9M +$1.31M +27,205 +10%
Wells Fargo
14
Wells Fargo
California
$14.6M +$3.71M +77,005 +34%
FA
15
FDx Advisors
Illinois
$13.4M -$118K -2,445 -0.9%
Citigroup
16
Citigroup
New York
$10.7M +$1.21M +25,168 +13%
PAG
17
Pinnacle Advisory Group
Maryland
$8.95M -$92.5K -1,921 -1%
Barclays
18
Barclays
United Kingdom
$6.99M -$1.3M -26,932 -16%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$6.46M +$33.7K +700 +0.5%
LPL Financial
20
LPL Financial
California
$6.33M +$1.29M +26,697 +26%
JP Morgan Chase
21
JP Morgan Chase
New York
$6.3M +$837K +17,372 +15%
NMIS
22
Northwestern Mutual Investment Services
Wisconsin
$6.09M +$261K +5,417 +4%
B
23
Bailard
California
$5.89M -$2.44M -50,681 -29%
NC
24
NewSquare Capital
Pennsylvania
$5.87M +$5.25M +109,091 +885%
LG
25
Laidlaw Group
New York
$5.52M -$5.54K -115 -0.1%

TFI Hedge Fund Activity: Q4 2014 in Review

141 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2014, worth a combined $810M — up 15% from $706M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TFI positions and 7 closed out — a net gain of 24 holders — while 56 added to existing stakes and 31 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $10.4M. The largest seller was Bailard, cutting an estimated $2.44M.

  • 141 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2014, up from 121 in Q3 2014.
  • Funds reported $810M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2014, up 15% quarter-over-quarter.
  • 31 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2014 and 7 closed out, a net change of +24 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2014 was Morgan Stanley, an estimated $10.4M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2014 was Bailard, an estimated $2.44M sold.

Based on aggregated 13F filings for Q4 2014.