VanEck High Yield Muni ETF
305 hedge funds and large institutions have $2.01B invested in VanEck High Yield Muni ETF in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 132 increasing their positions, 94 reducing their positions, and 46 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 94
23% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $1.32M
2.97% less ownership
Funds ownership: 70.89% → 67.92% (-3%)
4% less funds holding
Funds holding: 318 → 305 (-13)
11% less capital invested
Capital invested by funds: $2.26B → $2.01B (-$249M)
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| 1 |
CMF
Counterpoint Mutual Funds
San Diego,
California
|
+$17.3M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$16.6M |
| 3 |
Man Group
London,
United Kingdom
|
+$11.3M |
| 4 |
Capstone Investment Advisors
New York
|
+$9.36M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.12M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$105M |
| 2 |
Morgan Stanley
New York
|
-$75.3M |
| 3 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$31.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.7M |
| 5 |
PO
Private Ocean
San Rafael,
California
|
-$19.6M |
HYD Hedge Fund Activity: Q1 2024 in Review
305 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q1 2024, worth a combined $2.01B — down 11% from $2.26B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of HYD and 37 opened new positions — a net loss of 9 holders — while 94 trimmed existing stakes and 132 added.
The largest buyer was Counterpoint Mutual Funds, adding an estimated $17.3M. The largest seller was Goldman Sachs, cutting an estimated $105M.
- 305 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q1 2024, down from 318 in Q4 2023.
- Funds reported $2.01B of VanEck High Yield Muni ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 37 funds opened new VanEck High Yield Muni ETF positions in Q1 2024 and 46 closed out, a net change of -9 holders.
- The largest VanEck High Yield Muni ETF buyer in Q1 2024 was Counterpoint Mutual Funds, an estimated $17.3M added.
- The largest VanEck High Yield Muni ETF seller in Q1 2024 was Goldman Sachs, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2024.