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State Street SPDR Nuveen ICE Municipal Bond ETF

163 hedge funds and large institutions have $1.49B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 54

5% more capital invested

Capital invested by funds: $1.42B → $1.49B (+$66.2M)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

0.9% less ownership

Funds ownership: 68.36%67.46% (-0.9%)

7% less funds holding

Funds holding: 176163 (-13)

38% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 26

Holders
163
Holders Change
-13
Holders Change %
-7.39%
% of All Funds
4.06%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
16
Increased
58
Reduced
54
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$221M -$3.25M -68,204 -1%
W
2
Wealthfront
California
$220M +$2.97M +62,298 +1%
Betterment LLC
3
Betterment LLC
New York
$188M +$45.1M +946,582 +32%
Bank of America
4
Bank of America
North Carolina
$115M +$13.3M +278,146 +13%
UBS Group
5
UBS Group
Switzerland
$99.9M -$4.84M -101,651 -5%
Northwestern Mutual Wealth Management
6
Northwestern Mutual Wealth Management
Wisconsin
$79.4M +$10.3M +216,727 +15%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$73.4M +$19.9M +418,351 +38%
CSIA
8
Charles Schwab Investment Advisory
California
$55.4M -$3.77M -79,116 -6%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$49.2M +$17.5M +366,483 +55%
Morgan Stanley
10
Morgan Stanley
New York
$47.9M -$26.2K -549 -0.1%
UBS AM
11
UBS AM
Illinois
$26.1M +$4.14M +86,964 +19%
B
12
Bailard
California
$25M +$6M +125,957 +32%
AssetMark Inc
13
AssetMark Inc
California
$24.1M -$529K -11,100 -2%
BC
14
Brinker Capital
Pennsylvania
$17.2M +$7.87M +165,189 +86%
Wells Fargo
15
Wells Fargo
California
$14.8M -$3.13M -65,762 -18%
Jane Street
16
Jane Street
New York
$13.9M +$6.42M +134,737 +87%
WAP
17
Wealthcare Advisory Partners
Pennsylvania
$12.7M -$375K -7,872 -3%
WCM
18
Wealthcare Capital Management
Virginia
$8.99M -$3.88M -81,408 -30%
CIM
19
Confluence Investment Management
Missouri
$8.97M +$424K +8,893 +5%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$6.99M +$6.1M +127,986 +714%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$6.45M -$3.73M -78,337 -37%
HighTower Advisors
22
HighTower Advisors
Illinois
$6.29M +$80.2K +1,683 +1%
Stifel Financial
23
Stifel Financial
Missouri
$6.1M -$133K -2,796 -2%
CFB
24
Cullen/Frost Bankers
Texas
$5.82M +$1.43M +29,917 +33%
FA
25
FDx Advisors
Illinois
$5.76M -$813K -17,052 -12%

TFI Hedge Fund Activity: Q1 2017 in Review

163 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2017, worth a combined $1.49B — up 4.7% from $1.42B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TFI and 16 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 58 added.

The largest buyer was Betterment LLC, adding an estimated $45.1M. The largest seller was SEI Investments, cutting an estimated $24.1M.

  • 163 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2017, down from 176 in Q4 2016.
  • Funds reported $1.49B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2017, up 4.7% quarter-over-quarter.
  • 16 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2017 and 26 closed out, a net change of -10 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2017 was Betterment LLC, an estimated $45.1M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2017 was SEI Investments, an estimated $24.1M sold.

Based on aggregated 13F filings for Q1 2017.