VanEck BDC Income ETF
BIZD
51 hedge funds and large institutions have $81.5M invested in VanEck BDC Income ETF in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more funds holding
Funds holding: 42 → 51 (+9)
10% more capital invested
Capital invested by funds: $74.3M → $81.5M (+$7.24M)
6.08% more ownership
Funds ownership: 38.89% → 44.98% (+6.1%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$8.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.77M |
| 3 |
Jane Street
New York
|
+$1.72M |
| 4 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
+$652K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$2.94M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.48M |
| 3 |
Morgan Stanley
New York
|
-$471K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$372K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICOA
51
Investment Centers of America
Bismarck,
North Dakota
| – | -$2.94M | -164,219 | Closed |
|
|
MC
52
Moors & Cabot
Boston,
Massachusetts
| – | -$336K | -18,858 | Closed |
|
|
GS
53
Girard Securities
San Diego,
California
| – | -$335K | -18,643 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$277K | -15,485 | Closed |
|
|
WS
55
Wedbush Securities
Los Angeles,
California
| – | -$180K | -10,100 | Closed |
|
|
OAM
56
Oppenheimer Asset Management
New York
| – | -$35K | -1,938 | Closed |
|
|
SQA
57
Simon Quick Advisors
Morristown,
New Jersey
| – | -$30K | -1,707 | Closed |
|
BIZD Hedge Fund Activity: Q4 2017 in Review
51 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q4 2017, worth a combined $81.5M — up 9.7% from $74.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BIZD positions and 7 closed out — a net gain of 9 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Flaharty Asset Management, opening a new position worth an estimated $8.8M. The largest seller was Investment Centers of America, exiting entirely with an estimated $2.94M sold.
- 51 institutional investors held VanEck BDC Income ETF (BIZD) as of Q4 2017, up from 42 in Q3 2017.
- Funds reported $81.5M of VanEck BDC Income ETF stock for Q4 2017, up 9.7% quarter-over-quarter.
- 16 funds opened new VanEck BDC Income ETF positions in Q4 2017 and 7 closed out, a net change of +9 holders.
- The largest VanEck BDC Income ETF buyer in Q4 2017 was Flaharty Asset Management, an estimated $8.8M added.
- The largest VanEck BDC Income ETF seller in Q4 2017 was Investment Centers of America, an estimated $2.94M sold.
Based on aggregated 13F filings for Q4 2017.