VanEck High Yield Muni ETF
271 hedge funds and large institutions have $1.89B invested in VanEck High Yield Muni ETF in 2021 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 124 increasing their positions, 67 reducing their positions, and 36 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 67
71% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $851K
19% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 36
2% more funds holding
Funds holding: 266 → 271 (+5)
4% more capital invested
Capital invested by funds: $1.81B → $1.89B (+$71.8M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.78% less ownership
Funds ownership: 58.41% → 56.63% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$58.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$20.2M |
| 3 |
JPG
Jordan Park Group
San Francisco,
California
|
+$19.4M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$14.8M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$71.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$51.7M |
| 3 |
Capstone Investment Advisors
New York
|
-$6.18M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$6.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$3.94M |
HYD Hedge Fund Activity: Q1 2021 in Review
271 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q1 2021, worth a combined $1.89B — up 4% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new HYD positions and 36 closed out — a net gain of 7 holders — while 124 added to existing stakes and 67 trimmed.
The largest buyer was Bank of America, adding an estimated $58.1M. The largest seller was Jane Street, cutting an estimated $71.5M.
- 271 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q1 2021, up from 266 in Q4 2020.
- Funds reported $1.89B of VanEck High Yield Muni ETF stock for Q1 2021, up 4% quarter-over-quarter.
- 43 funds opened new VanEck High Yield Muni ETF positions in Q1 2021 and 36 closed out, a net change of +7 holders.
- The largest VanEck High Yield Muni ETF buyer in Q1 2021 was Bank of America, an estimated $58.1M added.
- The largest VanEck High Yield Muni ETF seller in Q1 2021 was Jane Street, an estimated $71.5M sold.
Based on aggregated 13F filings for Q1 2021.