VanEck BDC Income ETF
BIZD
42 hedge funds and large institutions have $74.3M invested in VanEck BDC Income ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 4 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
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: 4 | Existing positions closed: 4
1.43% less ownership
Funds ownership: 40.33% → 38.89% (-1.4%)
5% less funds holding
Funds holding: 44 → 42 (-2)
7% less capital invested
Capital invested by funds: $79.6M → $74.3M (-$5.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$759K |
| 2 |
LPL Financial
San Diego,
California
|
+$757K |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$598K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$522K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$3.92M |
| 2 |
Jane Street
New York
|
-$2.14M |
| 3 |
Morgan Stanley
New York
|
-$568K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$464K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$214K |
BIZD Hedge Fund Activity: Q3 2017 in Review
42 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q3 2017, worth a combined $74.3M — down 6.6% from $79.6M a quarter earlier.
Fund positioning in BIZD was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 10 trimmed.
The largest buyer was Bank of America, adding an estimated $759K. The largest seller was Janney Capital Management, exiting entirely with an estimated $3.92M sold.
- 42 institutional investors held VanEck BDC Income ETF (BIZD) as of Q3 2017, down from 44 in Q2 2017.
- Funds reported $74.3M of VanEck BDC Income ETF stock for Q3 2017, down 6.6% quarter-over-quarter.
- 4 funds opened new VanEck BDC Income ETF positions in Q3 2017 and 4 closed out, a net change of 0 holders.
- The largest VanEck BDC Income ETF buyer in Q3 2017 was Bank of America, an estimated $759K added.
- The largest VanEck BDC Income ETF seller in Q3 2017 was Janney Capital Management, an estimated $3.92M sold.
Based on aggregated 13F filings for Q3 2017.