State Street SPDR Nuveen ICE Municipal Bond ETF
298 hedge funds and large institutions have $3.13B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 95 increasing their positions, 115 reducing their positions, and 44 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
2.55% less ownership
Funds ownership: 84.52% → 81.97% (-2.6%)
7% less funds holding
Funds holding: 320 → 298 (-22)
9% less capital invested
Capital invested by funds: $3.43B → $3.13B (-$305M)
17% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 115
34% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.2M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$50.8M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$37.8M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$17.3M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$103M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
-$84.9M |
| 3 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$66.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$59.8M |
| 5 |
B
Bailard
Foster City,
California
|
-$39.6M |
TFI Hedge Fund Activity: Q1 2023 in Review
298 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q1 2023, worth a combined $3.13B — down 8.9% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TFI and 29 opened new positions — a net loss of 15 holders — while 115 trimmed existing stakes and 95 added.
The largest buyer was Morgan Stanley, adding an estimated $52.2M. The largest seller was Jane Street, cutting an estimated $103M.
- 298 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q1 2023, down from 320 in Q4 2022.
- Funds reported $3.13B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q1 2023, down 8.9% quarter-over-quarter.
- 29 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q1 2023 and 44 closed out, a net change of -15 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q1 2023 was Morgan Stanley, an estimated $52.2M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q1 2023 was Jane Street, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2023.