VanEck High Yield Muni ETF
162 hedge funds and large institutions have $871M invested in VanEck High Yield Muni ETF in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
55% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 44
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more capital invested
Capital invested by funds: $779M → $871M (+$91.8M)
6% more funds holding
Funds holding: 153 → 162 (+9)
1% more call options, than puts
Call options by funds: $861K | Put options by funds: $855K
0.91% less ownership
Funds ownership: 21.24% → 20.33% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$26M |
| 2 |
LPL Financial
San Diego,
California
|
+$12.3M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$10.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.7M |
| 5 |
AP
AHL Partners
London,
United Kingdom
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$21.3M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$8.95M |
| 3 |
BOTW
Bank of the West
Monterey Park,
California
|
-$5.5M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.43M |
| 5 |
PP
PagnatoKarp Partners
Reston,
Virginia
|
-$3.71M |
HYD Hedge Fund Activity: Q2 2017 in Review
162 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q2 2017, worth a combined $871M — up 12% from $779M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HYD positions and 11 closed out — a net gain of 11 holders — while 68 added to existing stakes and 44 trimmed.
The largest buyer was Wells Fargo, adding an estimated $26M. The largest seller was Bank of America, cutting an estimated $21.3M.
- 162 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q2 2017, up from 153 in Q1 2017.
- Funds reported $871M of VanEck High Yield Muni ETF stock for Q2 2017, up 12% quarter-over-quarter.
- 22 funds opened new VanEck High Yield Muni ETF positions in Q2 2017 and 11 closed out, a net change of +11 holders.
- The largest VanEck High Yield Muni ETF buyer in Q2 2017 was Wells Fargo, an estimated $26M added.
- The largest VanEck High Yield Muni ETF seller in Q2 2017 was Bank of America, an estimated $21.3M sold.
Based on aggregated 13F filings for Q2 2017.