VanEck High Yield Muni ETF
278 hedge funds and large institutions have $1.81B invested in VanEck High Yield Muni ETF in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 124 increasing their positions, 46 reducing their positions, and 17 closing their positions.
306% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 17
170% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 46
20% more funds holding
Funds holding: 231 → 278 (+47)
20% more capital invested
Capital invested by funds: $1.51B → $1.81B (+$298M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.13% more ownership
Funds ownership: 49.69% → 51.82% (+2.1%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$52.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$45.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$40.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$32.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$33.8M |
| 2 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$17.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.78M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.8M |
| 5 |
PO
Private Ocean
San Rafael,
California
|
-$2.71M |
HYD Hedge Fund Activity: Q4 2019 in Review
278 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q4 2019, worth a combined $1.81B — up 20% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new HYD positions and 17 closed out — a net gain of 52 holders — while 124 added to existing stakes and 46 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $52.8M. The largest seller was Jane Street, cutting an estimated $33.8M.
- 278 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q4 2019, up from 231 in Q3 2019.
- Funds reported $1.81B of VanEck High Yield Muni ETF stock for Q4 2019, up 20% quarter-over-quarter.
- 69 funds opened new VanEck High Yield Muni ETF positions in Q4 2019 and 17 closed out, a net change of +52 holders.
- The largest VanEck High Yield Muni ETF buyer in Q4 2019 was Citadel Advisors, an estimated $52.8M added.
- The largest VanEck High Yield Muni ETF seller in Q4 2019 was Jane Street, an estimated $33.8M sold.
Based on aggregated 13F filings for Q4 2019.