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VanEck IG Floating Rate ETF

82 hedge funds and large institutions have $232M invested in VanEck IG Floating Rate ETF in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

4.68% more ownership

Funds ownership: 39.97%44.65% (+4.7%)

3% more funds holding

Funds holding: 8082 (+2)

8% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 25

30% less capital invested

Capital invested by funds: $332M → $232M (-$99.8M)

50% less funds holding in top 10

Funds holding in top 10: 105 (-5)

Holders
82
Holders Change
+2
Holders Change %
+2.5%
% of All Funds
1.77%
Holding in Top 10
5
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-50%
% of All Funds
0.11%
New
15
Increased
27
Reduced
25
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PWPS
1
Pinnacle Wealth Planning Services
Ohio
$33.7M +$4.72M +188,759 +14%
CFIA
2
Cantor Fitzgerald Investment Advisors
New York
$19.8M -$4.76M -190,374 -20%
MIA
3
MainStreet Investment Advisors
Illinois
$16.1M +$16.3M +651,638 New
Bank of America
4
Bank of America
North Carolina
$15.9M -$10.1M -405,764 -39%
EDRIA
5
Edmonds Duncan Registered Investment Advisors
Kansas
$13.1M +$450K +18,002 +4%
Wells Fargo
6
Wells Fargo
California
$9.4M +$3.52M +140,688 +60%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$7.59M -$57.5K -2,301 -0.8%
Jane Street
8
Jane Street
New York
$7.5M +$7.45M +298,130 New
Morgan Stanley
9
Morgan Stanley
New York
$6.51M +$1.48M +59,400 +30%
SPL
10
Smart Portfolios LLC
Washington
$6.5M -$1.15M -46,130 -15%
DCM
11
DeGreen Capital Management
Arizona
$6.42M -$3.7M -147,941 -37%
PI
12
Parkside Investments
Illinois
$6.08M +$2.76M +110,235 +84%
TFF
13
The Family Firm
Maryland
$5.98M +$46.5K +1,862 +0.8%
JCM
14
Janney Capital Management
Pennsylvania
$5.03M -$318K -12,729 -6%
HCA
15
Heck Capital Advisors
Wisconsin
$4.85M +$242K +9,680 +5%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$4.57M +$2.77M +110,675 +156%
LPL Financial
17
LPL Financial
California
$4.12M -$433K -17,330 -10%
UBS Group
18
UBS Group
Switzerland
$3.89M +$143K +5,736 +4%
Stifel Financial
19
Stifel Financial
Missouri
$3.88M -$148K -5,907 -4%
GC
20
Guggenheim Capital
Illinois
$3.87M +$977K +39,079 +34%
Citadel Advisors
21
Citadel Advisors
Florida
$3.73M -$39.1K -1,565 -1%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$3.71M +$3.4M +136,086 +1,213%
Ameriprise
23
Ameriprise
Minnesota
$3.64M -$2.84M -113,510 -44%
IAA
24
Ironsides Asset Advisors
North Carolina
$2.93M -$1.74M -69,625 -37%
FWP
25
FAS Wealth Partners
Kansas
$2.14M +$720K +28,804 +51%

FLTR Hedge Fund Activity: Q1 2019 in Review

82 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in VanEck IG Floating Rate ETF (FLTR) for Q1 2019, worth a combined $232M — down 30% from $332M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FLTR positions and 11 closed out — a net gain of 4 holders — while 27 added to existing stakes and 25 trimmed.

The largest buyer was MainStreet Investment Advisors, opening a new position worth an estimated $16.3M. The largest seller was Lugano Financial Advisors SA (LFA), cutting an estimated $12M.

  • 82 institutional investors held VanEck IG Floating Rate ETF (FLTR) as of Q1 2019, up from 80 in Q4 2018.
  • Funds reported $232M of VanEck IG Floating Rate ETF stock for Q1 2019, down 30% quarter-over-quarter.
  • 15 funds opened new VanEck IG Floating Rate ETF positions in Q1 2019 and 11 closed out, a net change of +4 holders.
  • The largest VanEck IG Floating Rate ETF buyer in Q1 2019 was MainStreet Investment Advisors, an estimated $16.3M added.
  • The largest VanEck IG Floating Rate ETF seller in Q1 2019 was Lugano Financial Advisors SA (LFA), an estimated $12M sold.

Based on aggregated 13F filings for Q1 2019.