VanEck BDC Income ETF
BIZD
59 hedge funds and large institutions have $76.5M invested in VanEck BDC Income ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 9 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
2% less funds holding
Funds holding: 60 → 59 (-1)
3.27% less ownership
Funds ownership: 38.16% → 34.89% (-3.3%)
7% less capital invested
Capital invested by funds: $82.2M → $76.5M (-$5.73M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.94M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.85M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$1.4M |
| 4 |
TAM
Tradition Asset Management
Richmond,
Virginia
|
+$805K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$11.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.07M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.18M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$602K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$601K |
BIZD Hedge Fund Activity: Q3 2019 in Review
59 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q3 2019, worth a combined $76.5M — down 7% from $82.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BIZD and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 26 added.
The largest buyer was Morgan Stanley, adding an estimated $3.94M. The largest seller was Flaharty Asset Management, exiting entirely with an estimated $11.2M sold.
- 59 institutional investors held VanEck BDC Income ETF (BIZD) as of Q3 2019, down from 60 in Q2 2019.
- Funds reported $76.5M of VanEck BDC Income ETF stock for Q3 2019, down 7% quarter-over-quarter.
- 8 funds opened new VanEck BDC Income ETF positions in Q3 2019 and 9 closed out, a net change of -1 holder.
- The largest VanEck BDC Income ETF buyer in Q3 2019 was Morgan Stanley, an estimated $3.94M added.
- The largest VanEck BDC Income ETF seller in Q3 2019 was Flaharty Asset Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2019.