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State Street SPDR Nuveen ICE Municipal Bond ETF

241 hedge funds and large institutions have $2.58B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 95 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 21

8% more capital invested

Capital invested by funds: $2.38B → $2.58B (+$198M)

5.57% more ownership

Funds ownership: 84.47%90.04% (+5.6%)

0% less funds holding

Funds holding: 242241 (-1)

40% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 95

50% less funds holding in top 10

Funds holding in top 10: 105 (-5)

Holders
241
Holders Change
-1
Holders Change %
-0.41%
% of All Funds
5.22%
Holding in Top 10
5
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-50%
% of All Funds
0.11%
New
25
Increased
57
Reduced
95
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Financial Engines Advisors
1
Financial Engines Advisors
California
$540M +$204M +4,205,850 +65%
Wealthfront Advisers
2
Wealthfront Advisers
California
$287M -$8.83M -181,961 -3%
Fisher Asset Management
3
Fisher Asset Management
Washington
$224M -$4.63M -95,362 -2%
CSIA
4
Charles Schwab Investment Advisory
California
$214M -$10.2M -209,332 -5%
Betterment LLC
5
Betterment LLC
New York
$182M -$7.47M -153,955 -4%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$165M +$15.8M +324,665 +11%
Bank of America
7
Bank of America
North Carolina
$153M -$49M -1,009,099 -25%
UBS Group
8
UBS Group
Switzerland
$123M -$14.4M -295,764 -11%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$104M +$1.64M +33,721 +2%
Morgan Stanley
10
Morgan Stanley
New York
$63.3M +$18.2M +375,816 +41%
Citigroup
11
Citigroup
New York
$29.2M -$6.89K -142 -0%
AssetMark Inc
12
AssetMark Inc
California
$28.9M +$108K +2,235 +0.4%
State Street
13
State Street
Massachusetts
$26.6M -$1.72M -35,396 -6%
RWM
14
Ritholtz Wealth Management
New York
$24.5M +$19.1M +393,861 +382%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$22.7M -$1.5M -30,975 -6%
B
16
Bailard
California
$19.5M -$11.1M -228,644 -37%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$16.9M -$1.97M -40,516 -11%
CAG
18
Crestwood Advisors Group
Massachusetts
$16.2M +$251K +5,181 +2%
CRC
19
Curi RMB Capital
Illinois
$16.1M +$14.8M +304,733 +1,396%
Wells Fargo
20
Wells Fargo
California
$14.8M -$203K -4,192 -1%
Ameriprise
21
Ameriprise
Minnesota
$13.6M +$6.25M +128,860 +88%
LPL Financial
22
LPL Financial
California
$12.1M +$350K +7,210 +3%
NAS
23
Nicolet Advisory Services
Wisconsin
$11.8M +$11.7M +240,297 New
NC
24
NewSquare Capital
Pennsylvania
$10.7M -$264K -5,435 -2%
CI
25
CX Institutional
Indiana
$10.5M +$1.52M +31,220 +17%

TFI Hedge Fund Activity: Q1 2019 in Review

241 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2019, worth a combined $2.58B — up 8.3% from $2.38B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new TFI positions and 21 closed out — a net gain of 4 holders — while 57 added to existing stakes and 95 trimmed.

The largest buyer was Financial Engines Advisors, adding an estimated $204M. The largest seller was Bank of America, cutting an estimated $49M.

  • 241 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2019, down from 242 in Q4 2018.
  • Funds reported $2.58B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2019, up 8.3% quarter-over-quarter.
  • 25 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2019 and 21 closed out, a net change of +4 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2019 was Financial Engines Advisors, an estimated $204M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2019 was Bank of America, an estimated $49M sold.

Based on aggregated 13F filings for Q1 2019.