VanEck High Yield Muni ETF
325 hedge funds and large institutions have $2.35B invested in VanEck High Yield Muni ETF in 2025 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 112 increasing their positions, 125 reducing their positions, and 62 closing their positions.
0.88% less ownership
Funds ownership: 71.76% → 70.88% (-0.88%)
2% less call options, than puts
Call options by funds: $6.59M | Put options by funds: $6.72M
5% less capital invested
Capital invested by funds: $2.48B → $2.35B (-$126M)
6% less funds holding
Funds holding: 344 → 325 (-19)
10% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 125
27% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 62
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$93.5M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$14.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.86M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.89M |
| 5 |
ZBNA
Zions Bancorporation, National Association
Salt Lake City,
Utah
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Grimes & Company
Westborough,
Massachusetts
|
-$59.6M |
| 2 |
CMF
Counterpoint Mutual Funds
San Diego,
California
|
-$48.6M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$25.5M |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
-$19.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$16M |
HYD Hedge Fund Activity: Q2 2025 in Review
325 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q2 2025, worth a combined $2.35B — down 5.1% from $2.48B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of HYD and 45 opened new positions — a net loss of 17 holders — while 125 trimmed existing stakes and 112 added.
The largest buyer was Fidelity Investments, adding an estimated $93.5M. The largest seller was Grimes & Company, cutting an estimated $59.6M.
- 325 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q2 2025, down from 344 in Q1 2025.
- Funds reported $2.35B of VanEck High Yield Muni ETF stock for Q2 2025, down 5.1% quarter-over-quarter.
- 45 funds opened new VanEck High Yield Muni ETF positions in Q2 2025 and 62 closed out, a net change of -17 holders.
- The largest VanEck High Yield Muni ETF buyer in Q2 2025 was Fidelity Investments, an estimated $93.5M added.
- The largest VanEck High Yield Muni ETF seller in Q2 2025 was Grimes & Company, an estimated $59.6M sold.
Based on aggregated 13F filings for Q2 2025.