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State Street SPDR Nuveen ICE Municipal Bond ETF

273 hedge funds and large institutions have $3.19B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2020 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 58 increasing their positions, 104 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

38% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 34

18% more capital invested

Capital invested by funds: $2.71B → $3.19B (+$477M)

6.85% more ownership

Funds ownership: 91.86%98.71% (+6.8%)

3% more funds holding

Funds holding: 264273 (+9)

37% less call options, than puts

Call options by funds: $390K | Put options by funds: $620K

44% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 104

Holders
273
Holders Change
+9
Holders Change %
+3.41%
% of All Funds
6.01%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.18%
New
47
Increased
58
Reduced
104
Closed
34
Calls
$390K
Puts
$620K
Net Calls
-$230K
Net Calls Change
-$230K
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$574M +$378M +7,442,140 +184%
Financial Engines Advisors
2
Financial Engines Advisors
California
$469M +$88.7M +1,746,065 +15%
Wealthfront Advisers
3
Wealthfront Advisers
California
$288M +$10.5M +206,184 +4%
Fisher Asset Management
4
Fisher Asset Management
Washington
$213M -$3.1M -61,056 -1%
JP Morgan Chase
5
JP Morgan Chase
New York
$208M +$208M +4,094,161 +7,061%
Betterment LLC
6
Betterment LLC
New York
$202M +$42M +827,855 +26%
Morgan Stanley
7
Morgan Stanley
New York
$195M +$136M +2,669,189 +217%
Bank of America
8
Bank of America
North Carolina
$187M -$21.6M -425,760 -10%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$109M -$7.08M -139,329 -6%
UBS Group
10
UBS Group
Switzerland
$87.9M -$34.6M -681,354 -28%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$81.2M -$58.1M -1,144,454 -41%
Qube Research & Technologies (QRT)
12
Qube Research & Technologies (QRT)
United Kingdom
$35.2M +$34.1M +672,279 +2,136%
AssetMark Inc
13
AssetMark Inc
California
$29.9M -$428K -8,436 -1%
Citigroup
14
Citigroup
New York
$29.8M -$1.11M -21,847 -4%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$29.8M +$953K +18,761 +3%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$29.7M +$30.2M +594,286 New
RWM
17
Ritholtz Wealth Management
New York
$27.8M -$2.57M -50,533 -8%
SPC
18
Silver Point Capital
Connecticut
$23M +$23.4M +460,000 New
Wells Fargo
19
Wells Fargo
California
$18.2M -$2.61M -51,372 -12%
LPL Financial
20
LPL Financial
California
$18M +$1.91M +37,554 +12%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$14.8M -$718K -14,140 -5%
CAG
22
Crestwood Advisors Group
Massachusetts
$14.5M -$1.17M -23,075 -7%
Ameriprise
23
Ameriprise
Minnesota
$13.2M -$1.14M -22,484 -8%
Stifel Financial
24
Stifel Financial
Missouri
$13.1M +$4.68M +92,191 +54%
NAS
25
Nicolet Advisory Services
Wisconsin
$10.1M -$2.37M -46,641 -19%

TFI Hedge Fund Activity: Q1 2020 in Review

273 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2020, worth a combined $3.19B — up 18% from $2.71B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new TFI positions and 34 closed out — a net gain of 13 holders — while 58 added to existing stakes and 104 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $378M. The largest seller was Fidelity Investments, cutting an estimated $58.1M.

  • 273 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2020, up from 264 in Q4 2019.
  • Funds reported $3.19B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2020, up 18% quarter-over-quarter.
  • 47 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2020 and 34 closed out, a net change of +13 holders.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $378M added.
  • The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2020 was Fidelity Investments, an estimated $58.1M sold.

Based on aggregated 13F filings for Q1 2020.