State Street SPDR Nuveen ICE Municipal Bond ETF
313 hedge funds and large institutions have $3.83B invested in State Street SPDR Nuveen ICE Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 100 increasing their positions, 101 reducing their positions, and 45 closing their positions.
56% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 45
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
33% more capital invested
Capital invested by funds: $2.89B → $3.83B (+$942M)
16.05% more ownership
Funds ownership: 84.99% → 101.04% (+16%)
6% more funds holding
Funds holding: 294 → 313 (+19)
1% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$560M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$255M |
| 3 |
Betterment LLC
New York
|
+$92.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$44.2M |
| 5 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
-$281M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$25.3M |
| 3 |
Jane Street
New York
|
-$24.9M |
| 4 |
CI
CX Institutional
Auburn,
Indiana
|
-$20.4M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$20.2M |
TFI Hedge Fund Activity: Q4 2023 in Review
313 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) for Q4 2023, worth a combined $3.83B — up 33% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TFI positions and 45 closed out — a net gain of 25 holders — while 100 added to existing stakes and 101 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $560M. The largest seller was Wealthfront Advisers, cutting an estimated $281M.
- 313 institutional investors held State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) as of Q4 2023, up from 294 in Q3 2023.
- Funds reported $3.83B of State Street SPDR Nuveen ICE Municipal Bond ETF stock for Q4 2023, up 33% quarter-over-quarter.
- 70 funds opened new State Street SPDR Nuveen ICE Municipal Bond ETF positions in Q4 2023 and 45 closed out, a net change of +25 holders.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $560M added.
- The largest State Street SPDR Nuveen ICE Municipal Bond ETF seller in Q4 2023 was Wealthfront Advisers, an estimated $281M sold.
Based on aggregated 13F filings for Q4 2023.