VanEck IG Floating Rate ETF
FLTR
27 hedge funds and large institutions have $21.2M invested in VanEck IG Floating Rate ETF in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 29 → 27 (-2)
8.63% less ownership
Funds ownership: 35.15% → 26.52% (-8.6%)
22% less capital invested
Capital invested by funds: $27.2M → $21.2M (-$5.94M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$2.16M |
| 2 |
Morgan Stanley
New York
|
+$681K |
| 3 |
LPL Financial
San Diego,
California
|
+$429K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$401K |
| 5 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.07M |
| 2 |
Jane Street
New York
|
-$2.22M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$882K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $1K | -$19.9K | -800 | -92% |
|
|
27
Jane Street
New York
| – | -$2.22M | -89,194 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$1.58M | -63,294 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$477K | -19,158 | Closed |
|
|
SEIA
30
Signature Estate & Investment Advisors
Los Angeles,
California
| – | -$111K | -4,457 | Closed |
|
FLTR Hedge Fund Activity: Q4 2016 in Review
27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VanEck IG Floating Rate ETF (FLTR) for Q4 2016, worth a combined $21.2M — down 22% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLTR and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was SNS Financial Group, opening a new position worth an estimated $2.16M. The largest seller was Susquehanna International Group, cutting an estimated $4.07M.
- 27 institutional investors held VanEck IG Floating Rate ETF (FLTR) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $21.2M of VanEck IG Floating Rate ETF stock for Q4 2016, down 22% quarter-over-quarter.
- 2 funds opened new VanEck IG Floating Rate ETF positions in Q4 2016 and 4 closed out, a net change of -2 holders.
- The largest VanEck IG Floating Rate ETF buyer in Q4 2016 was SNS Financial Group, an estimated $2.16M added.
- The largest VanEck IG Floating Rate ETF seller in Q4 2016 was Susquehanna International Group, an estimated $4.07M sold.
Based on aggregated 13F filings for Q4 2016.