VanEck High Yield Muni ETF
103 hedge funds and large institutions have $496M invested in VanEck High Yield Muni ETF in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 48 increasing their positions, 24 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 24
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $465M → $496M (+$30.6M)
2% more funds holding
Funds holding: 101 → 103 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.33% less ownership
Funds ownership: 21.49% → 20.16% (-1.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$7.65M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.71M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$6M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$4.53M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.06M |
| 3 |
Jane Street
New York
|
-$4.19M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$3.81M |
| 5 |
PA
Pinnacle Associates
New York
|
-$1.87M |
HYD Hedge Fund Activity: Q3 2014 in Review
103 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q3 2014, worth a combined $496M — up 6.6% from $465M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HYD positions and 11 closed out — a net gain of 2 holders — while 48 added to existing stakes and 24 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $7.65M. The largest seller was AllianceBernstein, exiting entirely with an estimated $10.1M sold.
- 103 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q3 2014, up from 101 in Q2 2014.
- Funds reported $496M of VanEck High Yield Muni ETF stock for Q3 2014, up 6.6% quarter-over-quarter.
- 13 funds opened new VanEck High Yield Muni ETF positions in Q3 2014 and 11 closed out, a net change of +2 holders.
- The largest VanEck High Yield Muni ETF buyer in Q3 2014 was Managed Account Advisors, an estimated $7.65M added.
- The largest VanEck High Yield Muni ETF seller in Q3 2014 was AllianceBernstein, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2014.