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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.

New
Increased
Maintained
Reduced
Closed

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: 78 (+1)

5% more capital invested

Capital invested by funds: $1.66B → $1.75B (+$88.8M)

2.6% more ownership

Funds ownership: 69.06%71.66% (+2.6%)

1% more funds holding

Funds holding: 180181 (+1)

Holders
181
Holders Change
+1
Holders Change %
+0.56%
% of All Funds
4.51%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.2%
New
21
Increased
69
Reduced
51
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
W
1
Wealthfront
California
$253M -$9.27M -188,982 -4%
Fisher Asset Management
2
Fisher Asset Management
Washington
$222M -$1.23M -24,972 -0.5%
Betterment LLC
3
Betterment LLC
New York
$183M -$5.27M -107,448 -3%
Bank of America
4
Bank of America
North Carolina
$132M +$7.19M +146,620 +6%
UBS Group
5
UBS Group
Switzerland
$116M +$4.86M +99,009 +4%
Northwestern Mutual Wealth Management
6
Northwestern Mutual Wealth Management
Wisconsin
$96M +$8.01M +163,200 +9%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$86.8M +$16.8M +341,907 +24%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$83.4M +$3.32M +67,771 +4%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$73.1M +$42.9M +873,609 +141%
CSIA
10
Charles Schwab Investment Advisory
California
$52.5M -$1.72M -35,070 -3%
Morgan Stanley
11
Morgan Stanley
New York
$49.8M -$6.25M -127,406 -11%
AssetMark Inc
12
AssetMark Inc
California
$24M -$477K -9,729 -2%
B
13
Bailard
California
$23.5M -$2.33M -47,589 -9%
Citigroup
14
Citigroup
New York
$22.5M +$17.9M +364,608 +384%
BC
15
Brinker Capital
Pennsylvania
$17.7M +$469K +9,554 +3%
UBS AM
16
UBS AM
Illinois
$17.3M -$4.05M -82,648 -19%
Financial Engines Advisors
17
Financial Engines Advisors
California
$17.2M +$14.6M +298,430 +552%
Jane Street
18
Jane Street
New York
$16.3M -$8.96M -182,585 -35%
Wells Fargo
19
Wells Fargo
California
$16M +$662K +13,503 +4%
WAP
20
Wealthcare Advisory Partners
Pennsylvania
$14.6M +$1.19M +24,173 +9%
AWMG
21
Alliance Wealth Management Group
New Jersey
$13.6M +$8.92M +181,737 +189%
RWM
22
Ritholtz Wealth Management
New York
$11.6M +$1.06M +21,694 +10%
CIM
23
Confluence Investment Management
Missouri
$9.3M -$18.5K -377 -0.2%
WCM
24
Wealthcare Capital Management
Virginia
$8.98M -$987K -20,115 -10%
HighTower Advisors
25
HighTower Advisors
Illinois
$8.05M +$270K +5,495 +3%

TFI Hedge Fund Activity: Q3 2017 in Review

181 of the 4,011 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 5.4% 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 5.4% 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.