VanEck High Yield Muni ETF
262 hedge funds and large institutions have $1.57B invested in VanEck High Yield Muni ETF in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 92 increasing their positions, 84 reducing their positions, and 69 closing their positions.
15% more call options, than puts
Call options by funds: $2.77M | Put options by funds: $2.41M
2.5% more ownership
Funds ownership: 51.82% → 54.33% (+2.5%)
10% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 84
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
6% less funds holding
Funds holding: 278 → 262 (-16)
13% less capital invested
Capital invested by funds: $1.81B → $1.57B (-$238M)
17% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 69
Top Buyers
| 1 |
Jane Street
New York
|
+$82.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.2M |
| 3 |
SCM
Saba Capital Management
New York
|
+$25.5M |
| 4 |
BlackRock
New York
|
+$25M |
| 5 |
JP Morgan Chase
New York
|
+$24.6M |
Top Sellers
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
-$48.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$39.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$38.1M |
| 4 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
-$24.5M |
| 5 |
Man Group
London,
United Kingdom
|
-$23.4M |
HYD Hedge Fund Activity: Q1 2020 in Review
262 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q1 2020, worth a combined $1.57B — down 13% from $1.81B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of HYD and 57 opened new positions — a net loss of 12 holders — while 84 trimmed existing stakes and 92 added.
The largest buyer was Jane Street, adding an estimated $82.1M. The largest seller was SEI Investments, cutting an estimated $48.3M.
- 262 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q1 2020, down from 278 in Q4 2019.
- Funds reported $1.57B of VanEck High Yield Muni ETF stock for Q1 2020, down 13% quarter-over-quarter.
- 57 funds opened new VanEck High Yield Muni ETF positions in Q1 2020 and 69 closed out, a net change of -12 holders.
- The largest VanEck High Yield Muni ETF buyer in Q1 2020 was Jane Street, an estimated $82.1M added.
- The largest VanEck High Yield Muni ETF seller in Q1 2020 was SEI Investments, an estimated $48.3M sold.
Based on aggregated 13F filings for Q1 2020.