VanEck High Yield Muni ETF
222 hedge funds and large institutions have $1.35B invested in VanEck High Yield Muni ETF in 2019 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 83 increasing their positions, 68 reducing their positions, and 24 closing their positions.
58% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 24
22% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 68
14% more capital invested
Capital invested by funds: $1.19B → $1.35B (+$160M)
5% more funds holding
Funds holding: 211 → 222 (+11)
2.33% more ownership
Funds ownership: 50.27% → 52.6% (+2.3%)
8% more call options, than puts
Call options by funds: $496K | Put options by funds: $460K
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$21.3M |
| 3 |
PO
Private Ocean
San Rafael,
California
|
+$12.1M |
| 4 |
Morgan Stanley
New York
|
+$8.78M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$21.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.8M |
| 3 |
Jane Street
New York
|
-$11M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$4.78M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.67M |
HYD Hedge Fund Activity: Q1 2019 in Review
222 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q1 2019, worth a combined $1.35B — up 14% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HYD positions and 24 closed out — a net gain of 14 holders — while 83 added to existing stakes and 68 trimmed.
The largest buyer was Bank of America, adding an estimated $101M. The largest seller was UBS Group, cutting an estimated $21.1M.
- 222 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q1 2019, up from 211 in Q4 2018.
- Funds reported $1.35B of VanEck High Yield Muni ETF stock for Q1 2019, up 14% quarter-over-quarter.
- 38 funds opened new VanEck High Yield Muni ETF positions in Q1 2019 and 24 closed out, a net change of +14 holders.
- The largest VanEck High Yield Muni ETF buyer in Q1 2019 was Bank of America, an estimated $101M added.
- The largest VanEck High Yield Muni ETF seller in Q1 2019 was UBS Group, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2019.