VanEck High Yield Muni ETF
287 hedge funds and large institutions have $1.77B invested in VanEck High Yield Muni ETF in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 95 increasing their positions, 104 reducing their positions, and 32 closing their positions.
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
1% more funds holding
Funds holding: 284 → 287 (+3)
0.26% less ownership
Funds ownership: 66.82% → 66.56% (-0.26%)
9% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 104
9% less capital invested
Capital invested by funds: $1.93B → $1.77B (-$164M)
48% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.95M
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$29M |
| 2 |
Bank of New York Mellon
New York
|
+$19.6M |
| 3 |
AssetMark Inc
Concord,
California
|
+$18.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.01M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$45.7M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$21.4M |
| 3 |
Jane Street
New York
|
-$18.4M |
| 4 |
CMF
Counterpoint Mutual Funds
San Diego,
California
|
-$15.1M |
| 5 |
Goldman Sachs
New York
|
-$13.8M |
HYD Hedge Fund Activity: Q3 2023 in Review
287 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q3 2023, worth a combined $1.77B — down 8.5% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new HYD positions and 32 closed out — a net gain of 5 holders — while 95 added to existing stakes and 104 trimmed.
The largest buyer was Bank of America, adding an estimated $29M. The largest seller was Wells Fargo, cutting an estimated $45.7M.
- 287 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q3 2023, up from 284 in Q2 2023.
- Funds reported $1.77B of VanEck High Yield Muni ETF stock for Q3 2023, down 8.5% quarter-over-quarter.
- 37 funds opened new VanEck High Yield Muni ETF positions in Q3 2023 and 32 closed out, a net change of +5 holders.
- The largest VanEck High Yield Muni ETF buyer in Q3 2023 was Bank of America, an estimated $29M added.
- The largest VanEck High Yield Muni ETF seller in Q3 2023 was Wells Fargo, an estimated $45.7M sold.
Based on aggregated 13F filings for Q3 2023.