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VanEck Intermediate Muni ETF

102 hedge funds and large institutions have $875M invested in VanEck Intermediate Muni ETF in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 4

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

24% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 29

20% more capital invested

Capital invested by funds: $727M → $875M (+$148M)

13% more funds holding

Funds holding: 90102 (+12)

2.01% more ownership

Funds ownership: 31.03%33.04% (+2%)

Holders
102
Holders Change
+12
Holders Change %
+13.33%
% of All Funds
2.68%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
16
Increased
36
Reduced
29
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HWP
26
Hefty Wealth Partners
Indiana
$1.79M +$1.77M +37,268 New
SWP
27
Stratos Wealth Partners
Ohio
$1.71M +$57.4K +1,211 +4%
VKH
28
Virtu KCG Holdings
New York
$1.61M +$1.6M +33,659 New
PAG
29
Private Advisor Group
New Jersey
$1.58M -$28.9K -610 -2%
SFG
30
StrategIQ Financial Group
Indiana
$1.42M +$1.41M +29,707 New
FMWA
31
Forvis Mazars Wealth Advisors
Missouri
$1.41M
EWM
32
Empirical Wealth Management
Washington
$1.38M -$15.4K -325 -1%
IWMPD
33
Integrated Wealth Management (Palm Desert)
California
$1.34M -$8.25K -174 -0.6%
CPO
34
Cerity Partners OCIO
New York
$1.34M +$211K +4,459 +19%
RJFSA
35
Raymond James Financial Services Advisors
Florida
$1.33M +$155K +3,271 +13%
Janney Montgomery Scott
36
Janney Montgomery Scott
Pennsylvania
$1.23M +$108K +2,279 +10%
First Trust Advisors
37
First Trust Advisors
Illinois
$1.21M -$112K -2,357 -9%
Lazard Asset Management
38
Lazard Asset Management
New York
$1.17M
NCMW
39
Northern Capital Management (Wisconsin)
Wisconsin
$1.13M
FPFS
40
First Personal Financial Services
North Carolina
$972K -$110K -2,327 -10%
JIC
41
Johnson Investment Counsel
Ohio
$948K -$54.5K -1,150 -5%
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$915K -$16.5K -349 -2%
Jane Street
43
Jane Street
New York
$824K +$815K +17,194 New
SHA
44
Smith Hayes Advisers
Nebraska
$813K -$47.3K -998 -6%
CS
45
Credit Suisse
Switzerland
$809K -$625K -13,195 -44%
IPC
46
Independent Portfolio Consultants
Florida
$776K +$365K +7,692 +90%
AWM
47
Altavista Wealth Management
North Carolina
$726K -$14.5K -305 -2%
RCAG
48
Rehmann Capital Advisory Group
Michigan
$677K -$513K -10,828 -43%
LNC
49
Lincoln National Corp
Pennsylvania
$665K +$429K +9,052 +193%
MFS
50
MSI Financial Services
Massachusetts
$633K +$323K +6,808 +106%

ITM Hedge Fund Activity: Q4 2015 in Review

102 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q4 2015, worth a combined $875M — up 20% from $727M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new ITM positions and 4 closed out — a net gain of 12 holders — while 36 added to existing stakes and 29 trimmed.

The largest buyer was Bank of America, adding an estimated $43.8M. The largest seller was Natixis Advisors, cutting an estimated $3.49M.

  • 102 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q4 2015, up from 90 in Q3 2015.
  • Funds reported $875M of VanEck Intermediate Muni ETF stock for Q4 2015, up 20% quarter-over-quarter.
  • 16 funds opened new VanEck Intermediate Muni ETF positions in Q4 2015 and 4 closed out, a net change of +12 holders.
  • The largest VanEck Intermediate Muni ETF buyer in Q4 2015 was Bank of America, an estimated $43.8M added.
  • The largest VanEck Intermediate Muni ETF seller in Q4 2015 was Natixis Advisors, an estimated $3.49M sold.

Based on aggregated 13F filings for Q4 2015.