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VanEck IG Floating Rate ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 2232 (+10)

4.9% more ownership

Funds ownership: 30.6%35.5% (+4.9%)

Holders
32
Holders Change
+10
Holders Change %
+45.45%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
12
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.92M +$3.35M +134,169 +130%
AssetMark Inc
2
AssetMark Inc
California
$3.28M +$3.28M +131,421 New
Morgan Stanley
3
Morgan Stanley
New York
$3.23M -$1.35M -53,915 -29%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$2.62M +$2.62M +104,997 New
NPC
5
National Planning Corporation
California
$2.28M +$2.28M +91,507 New
SFG
6
SNS Financial Group
Minnesota
$1.72M +$112K +4,504 +7%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.69M +$1.12M +44,977 +199%
SEIA
8
Signature Estate & Investment Advisors
California
$1.63M +$651K +26,094 +67%
PI
9
Placemark Investments
Illinois
$1.55M -$373K -14,932 -19%
MFS
10
MSI Financial Services
Massachusetts
$1.34M +$156K +6,259 +13%
LPL Financial
11
LPL Financial
California
$1.11M -$12K -482 -1%
Jane Street
12
Jane Street
New York
$983K +$25.2K +1,009 +3%
IH
13
IFC Holdings
Florida
$892K +$888K +35,570 New
AIG
14
American International Group
New York
$751K +$7.04K +282 +0.9%
FAAS
15
First Allied Advisory Services
California
$737K +$162K +6,500 +28%
Bank of America
16
Bank of America
North Carolina
$702K +$278K +11,149 +66%
AP
17
Advisors Preferred
Maryland
$584K +$584K +23,400 New
SI
18
SII Investments
Wisconsin
$545K +$546K +21,881 New
DC
19
Davenport & Co
Virginia
$401K -$67.4K -2,700 -14%
RJA
20
Raymond James & Associates
Florida
$384K +$58.8K +2,356 +18%
UR
21
USCA RIA
Texas
$371K -$146K -5,855 -28%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$332K +$120K +4,814 +57%
CA
23
Cetera Advisors
Colorado
$329K +$330K +13,200 New
FIM
24
Freedom Investment Management
Connecticut
$315K +$315K +12,635 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$245K

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.