VanEck IG Floating Rate ETF
FLTR
26 hedge funds and large institutions have $28.5M invested in VanEck IG Floating Rate ETF in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 7 closing their positions.
6.21% less ownership
Funds ownership: 35.5% → 29.29% (-6.2%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
17% less capital invested
Capital invested by funds: $34.5M → $28.5M (-$5.98M)
19% less funds holding
Funds holding: 32 → 26 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.22M |
| 2 |
ICM
IMS Capital Management
Portland,
Oregon
|
+$206K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$204K |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$176K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$3.27M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$2.28M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.49M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.45M |
| 5 |
Jane Street
New York
|
-$983K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $10K | -$19.8K | -791 | -66% |
|
|
NPC
27
National Planning Corporation
El Segundo,
California
| – | -$2.28M | -91,507 | Closed |
|
|
28
Jane Street
New York
| – | -$983K | -39,421 | Closed |
|
|
IH
29
IFC Holdings
Tampa,
Florida
| – | -$892K | -35,570 | Closed |
|
|
AP
30
Advisors Preferred
Rockville,
Maryland
| – | -$584K | -23,400 | Closed |
|
|
SI
31
SII Investments
Appleton,
Wisconsin
| – | -$545K | -21,881 | Closed |
|
32
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$200K | -8,024 | Closed |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$10K | -383 | Closed |
|
FLTR Hedge Fund Activity: Q1 2014 in Review
26 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in VanEck IG Floating Rate ETF (FLTR) for Q1 2014, worth a combined $28.5M — down 17% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FLTR and 1 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $5.22M. The largest seller was AssetMark Inc, cutting an estimated $3.27M.
- 26 institutional investors held VanEck IG Floating Rate ETF (FLTR) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $28.5M of VanEck IG Floating Rate ETF stock for Q1 2014, down 17% quarter-over-quarter.
- 1 fund opened new VanEck IG Floating Rate ETF positions in Q1 2014 and 7 closed out, a net change of -6 holders.
- The largest VanEck IG Floating Rate ETF buyer in Q1 2014 was Royal Bank of Canada, an estimated $5.22M added.
- The largest VanEck IG Floating Rate ETF seller in Q1 2014 was AssetMark Inc, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2014.