VanEck IG Floating Rate ETF
FLTR
24 hedge funds and large institutions have $16.9M invested in VanEck IG Floating Rate ETF in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 4 closing their positions.
8% less funds holding
Funds holding: 26 → 24 (-2)
9.39% less ownership
Funds ownership: 29.29% → 19.9% (-9.4%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
41% less capital invested
Capital invested by funds: $28.5M → $16.9M (-$11.6M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$434K |
| 2 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$399K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$200K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$58.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.3M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$935K |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$402K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$313K |
| 5 |
AIG
American International Group
New York
|
-$302K |
FLTR Hedge Fund Activity: Q2 2014 in Review
24 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in VanEck IG Floating Rate ETF (FLTR) for Q2 2014, worth a combined $16.9M — down 41% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLTR and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was MSI Financial Services, adding an estimated $434K. The largest seller was Royal Bank of Canada, cutting an estimated $10.3M.
- 24 institutional investors held VanEck IG Floating Rate ETF (FLTR) as of Q2 2014, down from 26 in Q1 2014.
- Funds reported $16.9M of VanEck IG Floating Rate ETF stock for Q2 2014, down 41% quarter-over-quarter.
- 2 funds opened new VanEck IG Floating Rate ETF positions in Q2 2014 and 4 closed out, a net change of -2 holders.
- The largest VanEck IG Floating Rate ETF buyer in Q2 2014 was MSI Financial Services, an estimated $434K added.
- The largest VanEck IG Floating Rate ETF seller in Q2 2014 was Royal Bank of Canada, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2014.