VanEck Intermediate Muni ETF
61 hedge funds and large institutions have $356M invested in VanEck Intermediate Muni ETF in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
24% more capital invested
Capital invested by funds: $287M → $356M (+$69.1M)
15% more funds holding
Funds holding: 53 → 61 (+8)
2.83% more ownership
Funds ownership: 23.79% → 26.62% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$40.2M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$15.9M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.33M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$2.03M |
| 5 |
Jane Street
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natixis Advisors
Boston,
Massachusetts
|
-$2.35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.78M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$539K |
| 4 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$341K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
-$206K |
ITM Hedge Fund Activity: Q2 2014 in Review
61 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2014, worth a combined $356M — up 24% from $287M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ITM positions and 4 closed out — a net gain of 8 holders — while 26 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $40.2M. The largest seller was Natixis Advisors, cutting an estimated $2.35M.
- 61 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2014, up from 53 in Q1 2014.
- Funds reported $356M of VanEck Intermediate Muni ETF stock for Q2 2014, up 24% quarter-over-quarter.
- 12 funds opened new VanEck Intermediate Muni ETF positions in Q2 2014 and 4 closed out, a net change of +8 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q2 2014 was Bank of America, an estimated $40.2M added.
- The largest VanEck Intermediate Muni ETF seller in Q2 2014 was Natixis Advisors, an estimated $2.35M sold.
Based on aggregated 13F filings for Q2 2014.