State Street SPDR Nuveen ICE Municipal Bond ETF
268 hedge funds and large institutions have $2.69B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 72 increasing their positions, 98 reducing their positions, and 34 closing their positions.
76% more call options, than puts
Call options by funds: $4.65M | Put options by funds: $2.63M
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
2% less funds holding
Funds holding: 273 → 268 (-5)
16% less capital invested
Capital invested by funds: $3.19B → $2.69B (-$502M)
18.67% less ownership
Funds ownership: 98.71% → 80.04% (-19%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
27% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$81.9M |
| 2 |
Jane Street
New York
|
+$57.9M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$28.4M |
| 4 |
LPL Financial
San Diego,
California
|
+$23.9M |
| 5 |
Betterment LLC
New York
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$631M |
| 2 |
JP Morgan Chase
New York
|
-$202M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$71.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$25.7M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$23M |
TFI Hedge Fund Activity: Q2 2020 in Review
268 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q2 2020, worth a combined $2.69B — down 16% from $3.19B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TFI and 33 opened new positions — a net loss of 1 holder — while 98 trimmed existing stakes and 72 added.
The largest buyer was Wealthfront Advisers, adding an estimated $81.9M. The largest seller was Financial Engines Advisors, cutting an estimated $631M.
- 268 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q2 2020, down from 273 in Q1 2020.
- Funds reported $2.69B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q2 2020, down 16% quarter-over-quarter.
- 33 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q2 2020 and 34 closed out, a net change of -1 holder.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q2 2020 was Wealthfront Advisers, an estimated $81.9M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q2 2020 was Financial Engines Advisors, an estimated $631M sold.
Based on aggregated 13F filings for Q2 2020.