VanEck High Yield Muni ETF
266 hedge funds and large institutions have $1.81B invested in VanEck High Yield Muni ETF in 2020 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 105 increasing their positions, 70 reducing their positions, and 27 closing their positions.
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
50% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 70
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
27% more capital invested
Capital invested by funds: $1.43B → $1.81B (+$381M)
9% more funds holding
Funds holding: 243 → 266 (+23)
5.78% more ownership
Funds ownership: 52.63% → 58.41% (+5.8%)
64% less call options, than puts
Call options by funds: $1M | Put options by funds: $2.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$155M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$44.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$37.8M |
| 4 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$27.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PO
Private Ocean
San Rafael,
California
|
-$28.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$25.5M |
| 3 |
HT
HAP Trading
New York
|
-$24.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.63M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.82M |
HYD Hedge Fund Activity: Q4 2020 in Review
266 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q4 2020, worth a combined $1.81B — up 27% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new HYD positions and 27 closed out — a net gain of 26 holders — while 105 added to existing stakes and 70 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $155M. The largest seller was Private Ocean, cutting an estimated $28.1M.
- 266 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q4 2020, up from 243 in Q3 2020.
- Funds reported $1.81B of VanEck High Yield Muni ETF stock for Q4 2020, up 27% quarter-over-quarter.
- 53 funds opened new VanEck High Yield Muni ETF positions in Q4 2020 and 27 closed out, a net change of +26 holders.
- The largest VanEck High Yield Muni ETF buyer in Q4 2020 was Jane Street, an estimated $155M added.
- The largest VanEck High Yield Muni ETF seller in Q4 2020 was Private Ocean, an estimated $28.1M sold.
Based on aggregated 13F filings for Q4 2020.