State Street SPDR Nuveen ICE Municipal Bond ETF
181 hedge funds and large institutions have $1.75B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 69 increasing their positions, 51 reducing their positions, and 18 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 51
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more capital invested
Capital invested by funds: $1.66B → $1.75B (+$88M)
2.6% more ownership
Funds ownership: 69.06% → 71.66% (+2.6%)
1% more funds holding
Funds holding: 180 → 181 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$42.9M |
| 2 |
Citigroup
New York
|
+$17.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 4 |
Financial Engines Advisors
Santa Clara,
California
|
+$14.6M |
| 5 |
AWMG
Alliance Wealth Management Group
Flemington,
New Jersey
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$11.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.2M |
| 3 |
W
Wealthfront
Palo Alto,
California
|
-$9.27M |
| 4 |
Jane Street
New York
|
-$8.96M |
| 5 |
Morgan Stanley
New York
|
-$6.25M |
TFI Hedge Fund Activity: Q3 2017 in Review
181 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q3 2017, worth a combined $1.75B — up 5.3% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TFI positions and 18 closed out — a net gain of 3 holders — while 69 added to existing stakes and 51 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $42.9M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $11.3M sold.
- 181 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q3 2017, up from 180 in Q2 2017.
- Funds reported $1.75B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q3 2017, up 5.3% quarter-over-quarter.
- 21 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q3 2017 and 18 closed out, a net change of +3 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q3 2017 was Envestnet Asset Management, an estimated $42.9M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q3 2017 was Flow Traders U.S., an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2017.