VanEck High Yield Muni ETF
319 hedge funds and large institutions have $2.19B invested in VanEck High Yield Muni ETF in 2023 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 96 increasing their positions, 115 reducing their positions, and 42 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
81% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 42
34% more call options, than puts
Call options by funds: $898K | Put options by funds: $671K
24% more capital invested
Capital invested by funds: $1.77B → $2.19B (+$429M)
11% more funds holding
Funds holding: 287 → 319 (+32)
2.35% more ownership
Funds ownership: 66.56% → 68.9% (+2.3%)
17% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$108M |
| 2 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$54.4M |
| 3 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
+$29.6M |
| 4 |
FFM
Forum Financial Management
Lombard,
Illinois
|
+$26.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$117M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$38.2M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$37.1M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$10.1M |
| 5 |
ACP
Aveo Capital Partners
Englewood,
Colorado
|
-$8.71M |
HYD Hedge Fund Activity: Q4 2023 in Review
319 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in VanEck High Yield Muni ETF (HYD) for Q4 2023, worth a combined $2.19B — up 24% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new HYD positions and 42 closed out — a net gain of 34 holders — while 96 added to existing stakes and 115 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $108M. The largest seller was Bank of America, cutting an estimated $117M.
- 319 institutional investors held VanEck High Yield Muni ETF (HYD) as of Q4 2023, up from 287 in Q3 2023.
- Funds reported $2.19B of VanEck High Yield Muni ETF stock for Q4 2023, up 24% quarter-over-quarter.
- 76 funds opened new VanEck High Yield Muni ETF positions in Q4 2023 and 42 closed out, a net change of +34 holders.
- The largest VanEck High Yield Muni ETF buyer in Q4 2023 was Goldman Sachs, an estimated $108M added.
- The largest VanEck High Yield Muni ETF seller in Q4 2023 was Bank of America, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2023.