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State Street SPDR Nuveen ICE Municipal Bond ETF

156 hedge funds and large institutions have $950M invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 7

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

37% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 43

10% more capital invested

Capital invested by funds: $863M → $950M (+$87.1M)

8% more funds holding

Funds holding: 145156 (+11)

0.9% more ownership

Funds ownership: 28.43%29.33% (+0.9%)

Holders
156
Holders Change
+11
Holders Change %
+7.59%
% of All Funds
4.09%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.18%
New
20
Increased
59
Reduced
43
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$232M +$8.58M +177,579 +4%
W
2
Wealthfront
California
$86.3M +$17.6M +364,825 +26%
UBS Group
3
UBS Group
Switzerland
$69.8M +$5.93M +122,729 +9%
Bank of America
4
Bank of America
North Carolina
$62.5M -$2.6M -53,772 -4%
Morgan Stanley
5
Morgan Stanley
New York
$56.5M +$3.69M +76,272 +7%
CSIA
6
Charles Schwab Investment Advisory
California
$50.8M +$10.9M +226,181 +28%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$46.5M +$4.12M +85,245 +10%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$28.1M +$4.56M +94,364 +20%
UBS AM
9
UBS AM
Illinois
$24.9M
Wells Fargo
10
Wells Fargo
California
$24.3M +$2.51M +52,027 +12%
AssetMark Inc
11
AssetMark Inc
California
$22.5M +$2.02M +41,724 +10%
USAA
12
United Services Automobile Association
Texas
$20M -$1.06M -21,961 -5%
Betterment LLC
13
Betterment LLC
New York
$14.8M +$1.45M +30,100 +11%
NC
14
NewSquare Capital
Pennsylvania
$14.4M +$1.16M +23,961 +9%
NMIS
15
Northwestern Mutual Investment Services
Wisconsin
$10.9M +$861K +17,811 +9%
TFA
16
Transamerica Financial Advisors
Florida
$10.2M -$430K -8,899 -4%
PAG
17
Pinnacle Advisory Group
Maryland
$9.6M +$345K +7,136 +4%
FA
18
FDx Advisors
Illinois
$9.57M +$9.49M +196,319 New
LPL Financial
19
LPL Financial
California
$8.19M +$2.23M +46,229 +38%
PFS
20
Prospera Financial Services
Texas
$8.08M +$877K +18,139 +12%
Stifel Financial
21
Stifel Financial
Missouri
$6.97M +$369K +7,636 +6%
ERIM
22
Eagle Ridge Investment Management
Connecticut
$5.97M
BC
23
Brinker Capital
Pennsylvania
$5.8M +$4.56M +94,391 +387%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$5.58M +$155K +3,198 +3%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$5.37M -$209K -4,321 -4%

TFI Hedge Fund Activity: Q4 2015 in Review

156 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2015, worth a combined $950M — up 10% from $863M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new TFI positions and 7 closed out — a net gain of 13 holders — while 59 added to existing stakes and 43 trimmed.

The largest buyer was Wealthfront, adding an estimated $17.6M. The largest seller was Bailard, exiting entirely with an estimated $9.09M sold.

  • 156 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2015, up from 145 in Q3 2015.
  • Funds reported $950M of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2015, up 10% quarter-over-quarter.
  • 20 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2015 and 7 closed out, a net change of +13 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2015 was Wealthfront, an estimated $17.6M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2015 was Bailard, an estimated $9.09M sold.

Based on aggregated 13F filings for Q4 2015.