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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.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 12

2% more funds holding

Funds holding: 154157 (+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: 108 (-2)

Holders
157
Holders Change
+3
Holders Change %
+1.95%
% of All Funds
4.19%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.21%
New
16
Increased
56
Reduced
51
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$242M -$6.23M -123,849 -3%
UBS Group
2
UBS Group
Switzerland
$119M +$11.4M +226,335 +10%
W
3
Wealthfront
California
$77.6M -$1.96M -39,015 -2%
Bank of America
4
Bank of America
North Carolina
$75.5M +$2.2M +43,678 +3%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$55.3M +$2.93M +58,279 +6%
CSIA
6
Charles Schwab Investment Advisory
California
$49.8M -$2.8M -55,727 -5%
Morgan Stanley
7
Morgan Stanley
New York
$36M -$18.2M -362,001 -33%
AssetMark Inc
8
AssetMark Inc
California
$25.2M -$1.41M -28,001 -5%
UBS AM
9
UBS AM
Illinois
$25.1M
Jane Street
10
Jane Street
New York
$21.7M +$7.17M +142,369 +49%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$18.8M +$11.4M +226,927 +153%
B
12
Bailard
California
$18M +$1.13M +22,423 +7%
Betterment LLC
13
Betterment LLC
New York
$16.1M +$1.67M +33,093 +11%
Wells Fargo
14
Wells Fargo
California
$14.9M -$15.4M -306,911 -51%
WAP
15
Wealthcare Advisory Partners
Pennsylvania
$13.5M +$1.23M +24,380 +10%
Citadel Advisors
16
Citadel Advisors
Florida
$10.3M +$10.4M +206,217 New
PAG
17
Pinnacle Advisory Group
Maryland
$9.92M +$17.9K +356 +0.2%
BC
18
Brinker Capital
Pennsylvania
$9.85M -$888K -17,647 -8%
Millennium Management
19
Millennium Management
New York
$8.33M +$6.74M +133,853 +411%
SB
20
Suntrust Banks
Georgia
$8.13M +$1.13M +22,404 +16%
CIM
21
Confluence Investment Management
Missouri
$7.38M +$1.2M +23,926 +19%
UFF
22
USA Financial Formulas
Michigan
$7.36M +$3.34M +66,259 +82%
BTS
23
BB&T Securities
Virginia
$6.82M +$292K +5,802 +4%
Stifel Financial
24
Stifel Financial
Missouri
$6.78M -$2.09M -41,549 -24%
FA
25
FDx Advisors
Illinois
$6.61M -$210K -4,174 -3%

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.