VanEck High Yield Muni ETF
137 hedge funds and large institutions have $1.07B invested in VanEck High Yield Muni ETF in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 27 reducing their positions, and 10 closing their positions.
148% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 27
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
16% more call options, than puts
Call options by funds: $1.71M | Put options by funds: $1.47M
15% more capital invested
Capital invested by funds: $931M → $1.07B (+$136M)
7% more funds holding
Funds holding: 128 → 137 (+9)
0.06% less ownership
Funds ownership: 22.58% → 22.52% (-0.06%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$42M |
| 2 |
BlackRock
New York
|
+$27M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$18.7M |
| 4 |
AP
AHL Partners
London,
United Kingdom
|
+$11.4M |
| 5 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$6.37M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$4.9M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.64M |
| 4 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$2.19M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$2.14M |
HYD Hedge Fund Activity: Q3 2016 in Review
137 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q3 2016, worth a combined $1.07B — up 15% from $931M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HYD positions and 10 closed out — a net gain of 12 holders — while 67 added to existing stakes and 27 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $42M. The largest seller was Jaffetilchin Investment Partners, exiting entirely with an estimated $6.37M sold.
- 137 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q3 2016, up from 128 in Q2 2016.
- Funds reported $1.07B of VanEck High Yield Muni ETF stock for Q3 2016, up 15% quarter-over-quarter.
- 22 funds opened new VanEck High Yield Muni ETF positions in Q3 2016 and 10 closed out, a net change of +12 holders.
- The largest VanEck High Yield Muni ETF buyer in Q3 2016 was Horizon Investments, an estimated $42M added.
- The largest VanEck High Yield Muni ETF seller in Q3 2016 was Jaffetilchin Investment Partners, an estimated $6.37M sold.
Based on aggregated 13F filings for Q3 2016.