VanEck IG Floating Rate ETF
FLTR
32 hedge funds and large institutions have $34.5M invested in VanEck IG Floating Rate ETF in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
74% more capital invested
Capital invested by funds: $19.9M → $34.5M (+$14.7M)
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
45% more funds holding
Funds holding: 22 → 32 (+10)
4.9% more ownership
Funds ownership: 30.6% → 35.5% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.35M |
| 2 |
AssetMark Inc
Concord,
California
|
+$3.28M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.62M |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$2.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.35M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$576K |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$373K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$146K |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$67.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $216K | -$4.42K | -177 | -2% |
|
27
Commonwealth Equity Services
Waltham,
Massachusetts
| $200K | +$200K | +8,024 | New |
|
|
NES
28
New England Securities
New York
| $72K | +$72.4K | +2,900 | New |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $38K | +$38.3K | +1,533 | New |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| $30K | -$5.22K | -209 | -15% |
|
|
U
31
UBS
Zurich,
Switzerland
| $28K | +$18.2K | +730 | +183% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | +$9.56K | +383 | New |
|
|
33
William Blair & Company
Chicago,
Illinois
| – | -$576K | -23,100 | Closed |
|
34
Wells Fargo
San Francisco,
California
| – | -$25 | -1 | Closed |
|
FLTR Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck IG Floating Rate ETF (FLTR) for Q4 2013, worth a combined $34.5M — up 74% from $19.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FLTR positions and 2 closed out — a net gain of 10 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $3.35M. The largest seller was Morgan Stanley, cutting an estimated $1.35M.
- 32 institutional investors held VanEck IG Floating Rate ETF (FLTR) as of Q4 2013, up from 22 in Q3 2013.
- Funds reported $34.5M of VanEck IG Floating Rate ETF stock for Q4 2013, up 74% quarter-over-quarter.
- 12 funds opened new VanEck IG Floating Rate ETF positions in Q4 2013 and 2 closed out, a net change of +10 holders.
- The largest VanEck IG Floating Rate ETF buyer in Q4 2013 was Royal Bank of Canada, an estimated $3.35M added.
- The largest VanEck IG Floating Rate ETF seller in Q4 2013 was Morgan Stanley, an estimated $1.35M sold.
Based on aggregated 13F filings for Q4 2013.