VanEck BDC Income ETF
BIZD
230 hedge funds and large institutions have $673M invested in VanEck BDC Income ETF in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 105 increasing their positions, 56 reducing their positions, and 25 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 56
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more capital invested
Capital invested by funds: $581M → $673M (+$92M)
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
6.13% more ownership
Funds ownership: 36.41% → 42.54% (+6.1%)
3% less funds holding
Funds holding: 236 → 230 (-6)
86% less call options, than puts
Call options by funds: $185K | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Generali Asset Management
Trieste,
Italy
|
+$35.2M |
| 2 |
Bank Julius Baer & Co
Zurich,
Switzerland
|
+$25.2M |
| 3 |
Morgan Stanley
New York
|
+$19.3M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$17M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$5.13M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.07M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$2.25M |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$2.01M |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIA
251
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$32.6K | -2,000 | Closed |
|
|
WOC
252
West Oak Capital
Westlake Village,
California
| – | -$236 | -1,450 | Closed |
|
|
GC
253
Garde Capital
Seattle,
Washington
| – | -$8.6K | -528 | Closed |
|
|
PA
254
Parallel Advisors
San Francisco,
California
| – | -$6.95K | -427 | Closed |
|
255
BNP Paribas Financial Markets
Paris,
France
| – | -$244 | -15 | Closed |
|
BIZD Hedge Fund Activity: Q3 2025 in Review
230 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q3 2025, worth a combined $673M — up 16% from $581M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BIZD positions and 25 closed out — a net gain of 3 holders — while 105 added to existing stakes and 56 trimmed.
The largest buyer was Generali Asset Management, opening a new position worth an estimated $35.2M. The largest seller was Clark Capital Management Group, cutting an estimated $5.13M.
- 230 institutional investors held VanEck BDC Income ETF (BIZD) as of Q3 2025, down from 236 in Q2 2025.
- Funds reported $673M of VanEck BDC Income ETF stock for Q3 2025, up 16% quarter-over-quarter.
- 28 funds opened new VanEck BDC Income ETF positions in Q3 2025 and 25 closed out, a net change of +3 holders.
- The largest VanEck BDC Income ETF buyer in Q3 2025 was Generali Asset Management, an estimated $35.2M added.
- The largest VanEck BDC Income ETF seller in Q3 2025 was Clark Capital Management Group, an estimated $5.13M sold.
Based on aggregated 13F filings for Q3 2025.