VanEck BDC Income ETF
BIZD
52 hedge funds and large institutions have $73.7M invested in VanEck BDC Income ETF in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 51 → 52 (+1)
4% less ownership
Funds ownership: 44.98% → 40.98% (-4%)
10% less capital invested
Capital invested by funds: $81.5M → $73.7M (-$7.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$2.91M |
| 2 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$2.79M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.99M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.41M |
| 5 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.03M |
| 2 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
-$4.92M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.62M |
| 4 |
TCM
Tradition Capital Management
Summit,
New Jersey
|
-$820K |
| 5 |
CAS
Cue Advisory Services
Phoenix,
Arizona
|
-$776K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $3K | – | – | – |
|
|
TCM
52
Tradition Capital Management
Summit,
New Jersey
| – | -$820K | -49,400 | Closed |
|
|
CAS
53
Cue Advisory Services
Phoenix,
Arizona
| – | -$776K | -46,750 | Closed |
|
|
AR
54
Advisory Research
Chicago,
Illinois
| – | -$189K | -11,398 | Closed |
|
|
CIM
55
Confluence Investment Management
St. Louis,
Missouri
| – | -$175K | -10,517 | Closed |
|
|
LA
56
LexAurum Advisors
Overland Park,
Kansas
| – | -$173K | -10,349 | Closed |
|
|
FAAS
57
First Allied Advisory Services
San Diego,
California
| – | -$167K | -10,073 | Closed |
|
|
CA
58
Calton & Associates
Tampa,
Florida
| – | -$48K | -2,860 | Closed |
|
|
RFC
59
Regions Financial Corp
Birmingham,
Alabama
| – | -$9K | -550 | Closed |
|
BIZD Hedge Fund Activity: Q1 2018 in Review
52 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q1 2018, worth a combined $73.7M — down 9.6% from $81.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BIZD positions and 8 closed out — a net gain of 1 holder — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Gradient Investments, adding an estimated $2.91M. The largest seller was Morgan Stanley, cutting an estimated $9.03M.
- 52 institutional investors held VanEck BDC Income ETF (BIZD) as of Q1 2018, up from 51 in Q4 2017.
- Funds reported $73.7M of VanEck BDC Income ETF stock for Q1 2018, down 9.6% quarter-over-quarter.
- 9 funds opened new VanEck BDC Income ETF positions in Q1 2018 and 8 closed out, a net change of +1 holder.
- The largest VanEck BDC Income ETF buyer in Q1 2018 was Gradient Investments, an estimated $2.91M added.
- The largest VanEck BDC Income ETF seller in Q1 2018 was Morgan Stanley, an estimated $9.03M sold.
Based on aggregated 13F filings for Q1 2018.