VanEck Intermediate Muni ETF
90 hedge funds and large institutions have $727M invested in VanEck Intermediate Muni ETF in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
15% more capital invested
Capital invested by funds: $631M → $727M (+$96.4M)
13% more funds holding
Funds holding: 80 → 90 (+10)
1.6% more ownership
Funds ownership: 29.43% → 31.03% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$272M |
| 2 |
Morgan Stanley
New York
|
+$14.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$10.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.67M |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natixis Advisors
Boston,
Massachusetts
|
-$7.32M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$2.09M |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
-$1.27M |
| 4 |
DWA
Douglass Winthrop Advisors
New York
|
-$1.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$662K |
ITM Hedge Fund Activity: Q3 2015 in Review
90 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2015, worth a combined $727M — up 15% from $631M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ITM positions and 7 closed out — a net gain of 11 holders — while 32 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $272M. The largest seller was Natixis Advisors, cutting an estimated $7.32M.
- 90 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2015, up from 80 in Q2 2015.
- Funds reported $727M of VanEck Intermediate Muni ETF stock for Q3 2015, up 15% quarter-over-quarter.
- 18 funds opened new VanEck Intermediate Muni ETF positions in Q3 2015 and 7 closed out, a net change of +11 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2015 was Bank of America, an estimated $272M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2015 was Natixis Advisors, an estimated $7.32M sold.
Based on aggregated 13F filings for Q3 2015.