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VanEck BDC Income ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

9% less funds holding

Funds holding: 3532 (-3)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
32
Holders Change
-3
Holders Change %
-8.57%
% of All Funds
0.85%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
18
Reduced
4
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$8.26M +$2.13M +122,564 +35%
MFP
2
Mosaic Financial Partners
California
$7.18M +$127K +7,303 +2%
GI
3
Gradient Investments
Minnesota
$5.78M +$1.96M +112,796 +53%
Morgan Stanley
4
Morgan Stanley
New York
$4.45M +$1.58M +91,170 +57%
RBC
5
Roble Belko & Company
Pennsylvania
$3.56M +$34.5K +1,985 +1%
SI
6
Stephens Inc
Arkansas
$2.09M +$111K +6,408 +6%
Bank of America
7
Bank of America
North Carolina
$1.54M +$47.7K +2,745 +3%
ICOA
8
Investment Centers of America
North Dakota
$941K +$323K +18,574 +54%
MFS
9
MSI Financial Services
Massachusetts
$868K +$29K +1,667 +4%
SWP
10
Stratos Wealth Partners
Ohio
$843K +$823K +47,343 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$823K +$577K +33,201 +254%
PAG
12
Private Advisor Group
New Jersey
$699K +$410K +23,600 +143%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$688K -$397K -22,835 -37%
PWM
14
Patriot Wealth Management
Texas
$493K
TCM
15
Tradition Capital Management
New Jersey
$468K -$2.28M -131,056 -83%
SPC
16
Sigma Planning Corp
Michigan
$355K +$69.7K +4,008 +25%
WA
17
WFG Advisors
Texas
$266K +$55.9K +3,214 +27%
LP
18
LGL Partners
Pennsylvania
$252K +$6.07K +349 +2%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$198K -$56.3K -3,242 -23%
AG
20
Advisor Group
Arizona
$190K +$91.6K +5,273 +97%
WS
21
Wedbush Securities
California
$180K
RCM
22
Robinson Capital Management
Michigan
$110K
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$95K +$33.2K +1,908 +55%
Creative Planning
24
Creative Planning
Kansas
$71K +$52.1K +3,000 +300%
IA
25
IFP Advisors
Florida
$63K +$1.51K +87 +3%

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.