Avantis Core Municipal Fixed Income ETF
AVMU
33 hedge funds and large institutions have $103M invested in Avantis Core Municipal Fixed Income ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $100M → $103M (+$2.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.57% less ownership
Funds ownership: 75.06% → 73.5% (-1.6%)
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$4.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.19M |
| 3 |
PP
PrairieView Partners
St. Paul,
Minnesota
|
+$1.44M |
| 4 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$1.31M |
| 5 |
MWM
Mattern Wealth Management
Lawrence,
Kansas
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.96M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$816K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$407K |
| 4 |
AC
Apella Capital
West Hartford,
Connecticut
|
-$358K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
26
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $200K | +$201K | +4,300 | New |
|
|
FWP
27
FAS Wealth Partners
Leawood,
Kansas
| $191K | +$1.03K | +22 | +0.5% |
|
|
TIM
28
Tortoise Investment Management
White Plains,
New York
| $186K | – | – | – |
|
29
Comerica Bank
Dallas,
Texas
| $179K | – | – | – |
|
|
DWM
30
Dogwood Wealth Management
Lenexa,
Kansas
| $177K | +$3.59K | +77 | +2% |
|
|
FFA
31
Farther Finance Advisors
San Francisco,
California
| $130K | – | – | – |
|
|
CCMI
32
Creative Capital Management Investments
San Diego,
California
| $37.3K | +$37.3K | +800 | New |
|
33
UBS Group
Zurich,
Switzerland
| $2.42K | -$49.3K | -1,056 | -95% |
|
|
34
Corient Private Wealth
Miami,
Florida
| – | -$816K | -17,398 | Closed |
|
|
FTUS
35
Flow Traders U.S.
New York
| – | -$407K | -8,680 | Closed |
|
|
AC
36
Apella Capital
West Hartford,
Connecticut
| – | -$358K | -7,651 | Closed |
|
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$178K | -3,788 | Closed |
|
AVMU Hedge Fund Activity: Q1 2024 in Review
33 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Avantis Core Municipal Fixed Income ETF (AVMU) for Q1 2024, worth a combined $103M — up 2.4% from $100M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of AVMU and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.
The largest buyer was Financial Engines Advisors, opening a new position worth an estimated $4.5M. The largest seller was Jane Street, cutting an estimated $6.96M.
- 33 institutional investors held Avantis Core Municipal Fixed Income ETF (AVMU) as of Q1 2024, down from 34 in Q4 2023.
- Funds reported $103M of Avantis Core Municipal Fixed Income ETF stock for Q1 2024, up 2.4% quarter-over-quarter.
- 3 funds opened new Avantis Core Municipal Fixed Income ETF positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Avantis Core Municipal Fixed Income ETF buyer in Q1 2024 was Financial Engines Advisors, an estimated $4.5M added.
- The largest Avantis Core Municipal Fixed Income ETF seller in Q1 2024 was Jane Street, an estimated $6.96M sold.
Based on aggregated 13F filings for Q1 2024.