VanEck High Yield Muni ETF
251 hedge funds and large institutions have $1.54B invested in VanEck High Yield Muni ETF in 2020 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 86 increasing their positions, 89 reducing their positions, and 55 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
1.32% more ownership
Funds ownership: 54.33% → 55.65% (+1.3%)
2% less capital invested
Capital invested by funds: $1.57B → $1.54B (-$33.5M)
3% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 89
4% less funds holding
Funds holding: 262 → 251 (-11)
16% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 55
45% less call options, than puts
Call options by funds: $5.4M | Put options by funds: $9.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$34.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$31.2M |
| 4 |
AssetMark Inc
Concord,
California
|
+$18.9M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$78.1M |
| 2 |
Jane Street
New York
|
-$77M |
| 3 |
BlackRock
New York
|
-$44M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$23.4M |
| 5 |
JP Morgan Chase
New York
|
-$22.5M |
HYD Hedge Fund Activity: Q2 2020 in Review
251 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q2 2020, worth a combined $1.54B — down 2.1% from $1.57B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of HYD and 46 opened new positions — a net loss of 9 holders — while 89 trimmed existing stakes and 86 added.
The largest buyer was BTS Asset Management, opening a new position worth an estimated $34.8M. The largest seller was Bank of America, cutting an estimated $78.1M.
- 251 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q2 2020, down from 262 in Q1 2020.
- Funds reported $1.54B of VanEck High Yield Muni ETF stock for Q2 2020, down 2.1% quarter-over-quarter.
- 46 funds opened new VanEck High Yield Muni ETF positions in Q2 2020 and 55 closed out, a net change of -9 holders.
- The largest VanEck High Yield Muni ETF buyer in Q2 2020 was BTS Asset Management, an estimated $34.8M added.
- The largest VanEck High Yield Muni ETF seller in Q2 2020 was Bank of America, an estimated $78.1M sold.
Based on aggregated 13F filings for Q2 2020.