VanEck BDC Income ETF
BIZD
49 hedge funds and large institutions have $89.1M invested in VanEck BDC Income ETF in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 12 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
18% more capital invested
Capital invested by funds: $75.5M → $89.1M (+$13.6M)
2.74% more ownership
Funds ownership: 39.45% → 42.19% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
2% less funds holding
Funds holding: 50 → 49 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.67M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$4.05M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.41M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.08M |
| 5 |
TCM
Tradition Capital Management
Summit,
New Jersey
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBC
Roble Belko & Company
Sewickley,
Pennsylvania
|
-$5.3M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$748K |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$608K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$519K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
51
Private Advisory Group
Redmond,
Washington
| – | -$608K | -36,521 | Closed |
|
|
52
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$358K | -21,540 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$179K | -10,771 | Closed |
|
|
CHAM
54
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$172K | -10,365 | Closed |
|
|
CCP
55
Cardan Capital Partners
Denver,
Colorado
| – | -$166K | -10,002 | Closed |
|
|
PCP
56
Proficio Capital Partners
Newton,
Massachusetts
| – | -$157K | -9,440 | Closed |
|
|
IAS
57
IMA Advisory Services
Denver,
Colorado
| – | -$54K | -3,220 | Closed |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$50K | -3,000 | Closed |
|
59
SEI Investments
Oaks,
Pennsylvania
| – | -$38K | -2,284 | Closed |
|
|
BCA
60
Bay Colony Advisors
Concord,
Massachusetts
| – | -$32K | -1,951 | Closed |
|
|
APA
61
American Portfolios Advisors
Holbrook,
New York
| – | -$19.9K | -1,193 | Closed |
|
BIZD Hedge Fund Activity: Q3 2018 in Review
49 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q3 2018, worth a combined $89.1M — up 18% from $75.5M a quarter earlier.
Fund positioning in BIZD was balanced in Q3 2018: 12 funds opened new positions, 12 closed out, 17 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.67M. The largest seller was Roble Belko & Company, exiting entirely with an estimated $5.3M sold.
- 49 institutional investors held VanEck BDC Income ETF (BIZD) as of Q3 2018, down from 50 in Q2 2018.
- Funds reported $89.1M of VanEck BDC Income ETF stock for Q3 2018, up 18% quarter-over-quarter.
- 12 funds opened new VanEck BDC Income ETF positions in Q3 2018 and 12 closed out, a net change of 0 holders.
- The largest VanEck BDC Income ETF buyer in Q3 2018 was Morgan Stanley, an estimated $6.67M added.
- The largest VanEck BDC Income ETF seller in Q3 2018 was Roble Belko & Company, an estimated $5.3M sold.
Based on aggregated 13F filings for Q3 2018.