State Street SPDR Nuveen ICE Municipal Bond ETF
242 hedge funds and large institutions have $2.38B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2018 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 61 increasing their positions, 84 reducing their positions, and 26 closing their positions.
115% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 26
13% more funds holding
Funds holding: 215 → 242 (+27)
3% less capital invested
Capital invested by funds: $2.45B → $2.38B (-$71.7M)
5.51% less ownership
Funds ownership: 89.98% → 84.47% (-5.5%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
27% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$81.9M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$43.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$27.2M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$19.5M |
| 5 |
PWG
Private Wealth Group
Tampa,
Florida
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
-$60.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$51.1M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
-$23.6M |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$21.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.7M |
TFI Hedge Fund Activity: Q4 2018 in Review
242 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2018, worth a combined $2.38B — down 2.9% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TFI positions and 26 closed out — a net gain of 30 holders — while 61 added to existing stakes and 84 trimmed.
The largest buyer was Bank of America, adding an estimated $81.9M. The largest seller was Betterment LLC, cutting an estimated $60.2M.
- 242 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2018, up from 215 in Q3 2018.
- Funds reported $2.38B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2018, down 2.9% quarter-over-quarter.
- 56 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2018 and 26 closed out, a net change of +30 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2018 was Bank of America, an estimated $81.9M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2018 was Betterment LLC, an estimated $60.2M sold.
Based on aggregated 13F filings for Q4 2018.