VanEck High Yield Muni ETF
166 hedge funds and large institutions have $940M invested in VanEck High Yield Muni ETF in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 47 reducing their positions, and 15 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 47
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
8% more capital invested
Capital invested by funds: $871M → $940M (+$69.2M)
2% more funds holding
Funds holding: 162 → 166 (+4)
2.15% more ownership
Funds ownership: 20.33% → 22.48% (+2.1%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $432K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$50.3M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$33.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.2M |
| 4 |
Morgan Stanley
New York
|
+$9.79M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$7.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$23.5M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$17.4M |
| 3 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$10.9M |
| 4 |
PP
PagnatoKarp Partners
Reston,
Virginia
|
-$4.76M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$4.6M |
HYD Hedge Fund Activity: Q3 2017 in Review
166 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q3 2017, worth a combined $940M — up 7.9% from $871M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HYD positions and 15 closed out — a net gain of 4 holders — while 64 added to existing stakes and 47 trimmed.
The largest buyer was Bank of America, adding an estimated $50.3M. The largest seller was Wells Fargo, cutting an estimated $23.5M.
- 166 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q3 2017, up from 162 in Q2 2017.
- Funds reported $940M of VanEck High Yield Muni ETF stock for Q3 2017, up 7.9% quarter-over-quarter.
- 19 funds opened new VanEck High Yield Muni ETF positions in Q3 2017 and 15 closed out, a net change of +4 holders.
- The largest VanEck High Yield Muni ETF buyer in Q3 2017 was Bank of America, an estimated $50.3M added.
- The largest VanEck High Yield Muni ETF seller in Q3 2017 was Wells Fargo, an estimated $23.5M sold.
Based on aggregated 13F filings for Q3 2017.