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VanEck BDC Income ETF

57 hedge funds and large institutions have $68.2M invested in VanEck BDC Income ETF in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

16% more funds holding

Funds holding: 4957 (+8)

2.71% less ownership

Funds ownership: 42.19%39.48% (-2.7%)

23% less capital invested

Capital invested by funds: $89.1M → $68.2M (-$20.9M)

24% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
57
Holders Change
+8
Holders Change %
+16.33%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
13
Reduced
17
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$11.4M -$183K -11,600 -1%
FAM
2
Flaharty Asset Management
Florida
$9.4M -$78.2K -4,949 -0.7%
Morgan Stanley
3
Morgan Stanley
New York
$7.84M -$146K -9,232 -2%
GI
4
Gradient Investments
Minnesota
$7.29M -$210K -13,279 -2%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$6.49M +$346K +21,893 +5%
CIM
6
Confluence Investment Management
Missouri
$2.97M +$3.34M +211,795 New
Deutsche Bank
7
Deutsche Bank
Germany
$2.81M
TCM
8
Tradition Capital Management
New Jersey
$1.97M +$493K +31,230 +29%
Stifel Financial
9
Stifel Financial
Missouri
$1.45M -$356K -22,562 -18%
CAN
10
Cetera Advisor Networks
California
$1.39M +$141K +8,942 +10%
Goldman Sachs
11
Goldman Sachs
New York
$1.23M +$1.38M +87,247 New
Citadel Advisors
12
Citadel Advisors
Florida
$1.13M +$1.27M +80,316 New
FAIM
13
Financial Advocates Investment Management
Washington
$1.05M +$178K +11,293 +18%
SI
14
Stephens Inc
Arkansas
$1.02M -$60.1K -3,809 -5%
FCH
15
Freestone Capital Holdings
Washington
$903K -$283K -17,892 -22%
ACP
16
Aveo Capital Partners
Colorado
$887K +$998K +63,204 New
Bank of America
17
Bank of America
North Carolina
$855K -$4.25M -269,294 -82%
PWM
18
Patriot Wealth Management
Texas
$844K
AG
19
Advisor Group
Arizona
$835K +$26.8K +1,695 +3%
PAG
20
Private Advisor Group
New Jersey
$590K -$361K -22,830 -35%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$556K +$625K +39,593 New
AIP
22
Ahrens Investment Partners
Louisiana
$507K +$570K +36,100 New
TC
23
Telemus Capital
Michigan
$340K +$383K +24,225 New
MCP
24
Moab Capital Partners
New York
$301K +$338K +21,409 New
GWM
25
Geneos Wealth Management
Colorado
$283K

BIZD Hedge Fund Activity: Q4 2018 in Review

57 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in VanEck BDC Income ETF (BIZD) for Q4 2018, worth a combined $68.2M — down 23% from $89.1M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new BIZD positions and 8 closed out — a net gain of 9 holders — while 13 added to existing stakes and 17 trimmed.

The largest buyer was Confluence Investment Management, opening a new position worth an estimated $3.34M. The largest seller was GenTrust, exiting entirely with an estimated $5.34M sold.

  • 57 institutional investors held VanEck BDC Income ETF (BIZD) as of Q4 2018, up from 49 in Q3 2018.
  • Funds reported $68.2M of VanEck BDC Income ETF stock for Q4 2018, down 23% quarter-over-quarter.
  • 17 funds opened new VanEck BDC Income ETF positions in Q4 2018 and 8 closed out, a net change of +9 holders.
  • The largest VanEck BDC Income ETF buyer in Q4 2018 was Confluence Investment Management, an estimated $3.34M added.
  • The largest VanEck BDC Income ETF seller in Q4 2018 was GenTrust, an estimated $5.34M sold.

Based on aggregated 13F filings for Q4 2018.