VanEck BDC Income ETF
BIZD
32 hedge funds and large institutions have $40.6M invested in VanEck BDC Income ETF in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 4 reducing their positions, and 5 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 4
20% more capital invested
Capital invested by funds: $34M → $40.6M (+$6.67M)
0.53% more ownership
Funds ownership: 37.53% → 38.06% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 35 → 32 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.13M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.96M |
| 3 |
Morgan Stanley
New York
|
+$1.58M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$823K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradition Capital Management
Summit,
New Jersey
|
-$2.28M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$414K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$397K |
| 4 |
CG
Caprock Group
Boise,
Idaho
|
-$318K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
26
WealthPLAN Partners
Omaha,
Nebraska
| $52.3K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $48K | -$69.5K | -3,999 | -60% |
|
|
AAM
28
Advisors Asset Management
Monument,
Colorado
| $46K | – | – | – |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $35K | – | – | – |
|
|
FNBT
30
FineMark National Bank & Trust
Fort Myers,
Florida
| $5K | +$4.74K | +273 | New |
|
|
SBL
31
Sargent Bickham Lagudis
Boulder,
Colorado
| $5 | +$5.21K | +300 | New |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$414K | -24,846 | Closed |
|
|
CG
33
Caprock Group
Boise,
Idaho
| – | -$318K | -19,112 | Closed |
|
|
SCM
34
Sterling Capital Management
Charlotte,
North Carolina
| – | -$183K | -10,960 | Closed |
|
35
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$17K | -1,000 | Closed |
|
36
SEI Investments
Oaks,
Pennsylvania
| – | -$15K | -893 | Closed |
|
BIZD Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q3 2016, worth a combined $40.6M — up 20% from $34M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BIZD and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 18 added.
The largest buyer was LPL Financial, adding an estimated $2.13M. The largest seller was Tradition Capital Management, cutting an estimated $2.28M.
- 32 institutional investors held VanEck BDC Income ETF (BIZD) as of Q3 2016, down from 35 in Q2 2016.
- Funds reported $40.6M of VanEck BDC Income ETF stock for Q3 2016, up 20% quarter-over-quarter.
- 3 funds opened new VanEck BDC Income ETF positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest VanEck BDC Income ETF buyer in Q3 2016 was LPL Financial, an estimated $2.13M added.
- The largest VanEck BDC Income ETF seller in Q3 2016 was Tradition Capital Management, an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2016.