VanEck High Yield Muni ETF
128 hedge funds and large institutions have $931M invested in VanEck High Yield Muni ETF in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 35 reducing their positions, and 20 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 35
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
5% more funds holding
Funds holding: 122 → 128 (+6)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less capital invested
Capital invested by funds: $957M → $931M (-$25.4M)
1.49% less ownership
Funds ownership: 24.08% → 22.58% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.83M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.61M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$44.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$26.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.18M |
| 4 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$8.56M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.92M |
HYD Hedge Fund Activity: Q2 2016 in Review
128 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q2 2016, worth a combined $931M — down 2.7% from $957M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new HYD positions and 20 closed out — a net gain of 9 holders — while 53 added to existing stakes and 35 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.79M. The largest seller was Hanlon Investment Management, exiting entirely with an estimated $44.9M sold.
- 128 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q2 2016, up from 122 in Q1 2016.
- Funds reported $931M of VanEck High Yield Muni ETF stock for Q2 2016, down 2.7% quarter-over-quarter.
- 29 funds opened new VanEck High Yield Muni ETF positions in Q2 2016 and 20 closed out, a net change of +9 holders.
- The largest VanEck High Yield Muni ETF buyer in Q2 2016 was Wells Fargo, an estimated $6.79M added.
- The largest VanEck High Yield Muni ETF seller in Q2 2016 was Hanlon Investment Management, an estimated $44.9M sold.
Based on aggregated 13F filings for Q2 2016.