State Street SPDR Nuveen ICE Municipal Bond ETF
158 hedge funds and large institutions have $1.08B 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, 57 increasing their positions, 51 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
12% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 51
3% more funds holding
Funds holding: 154 → 158 (+4)
2.25% less ownership
Funds ownership: 58.09% → 55.84% (-2.2%)
6% less capital invested
Capital invested by funds: $1.15B → $1.08B (-$68.2M)
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 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$26.9M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$19.4M |
| 3 |
Morgan Stanley
New York
|
-$18.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$15.4M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$13.2M |
TFI Hedge Fund Activity: Q3 2016 in Review
158 of the 3,759 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 $1.08B — down 5.9% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TFI positions and 11 closed out — a net gain of 5 holders — while 57 added to existing stakes and 51 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $11.4M. The largest seller was NewSquare Capital, cutting an estimated $26.9M.
- 158 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2016, up from 154 in Q2 2016.
- Funds reported $1.08B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2016, down 5.9% quarter-over-quarter.
- 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2016 and 11 closed out, a net change of +5 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 NewSquare Capital, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2016.