State Street SPDR Nuveen ICE Municipal Bond ETF
157 hedge funds and large institutions have $1.03B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
2% more funds holding
Funds holding: 154 → 157 (+3)
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
5.14% less ownership
Funds ownership: 58.09% → 52.94% (-5.1%)
11% less capital invested
Capital invested by funds: $1.15B → $1.03B (-$123M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$11.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.4M |
| 4 |
Jane Street
New York
|
+$7.17M |
| 5 |
Millennium Management
New York
|
+$6.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$49.3M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$26.9M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$19.4M |
| 4 |
Morgan Stanley
New York
|
-$18.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$15.4M |
TFI Hedge Fund Activity: Q3 2016 in Review
157 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2016, worth a combined $1.03B — down 11% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TFI positions and 12 closed out — a net gain of 4 holders — while 56 added to existing stakes and 51 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $11.4M. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $49.3M sold.
- 157 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2016, up from 154 in Q2 2016.
- Funds reported $1.03B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2016, down 11% quarter-over-quarter.
- 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2016 and 12 closed out, a net change of +4 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2016 was Fidelity Investments, an estimated $11.4M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $49.3M sold.
Based on aggregated 13F filings for Q3 2016.