VanEck Intermediate Muni ETF
65 hedge funds and large institutions have $412M invested in VanEck Intermediate Muni ETF in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 12 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 12
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $356M → $412M (+$56M)
7% more funds holding
Funds holding: 61 → 65 (+4)
0.94% more ownership
Funds ownership: 26.62% → 27.56% (+0.94%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$34.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.47M |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
+$6.24M |
| 4 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$1.3M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.54M |
| 2 |
Jane Street
New York
|
-$1.54M |
| 3 |
IPC
Independent Portfolio Consultants
Boca Raton,
Florida
|
-$269K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$264K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$227K |
ITM Hedge Fund Activity: Q3 2014 in Review
65 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2014, worth a combined $412M — up 16% from $356M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ITM positions and 4 closed out — a net gain of 4 holders — while 32 added to existing stakes and 12 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $34.8M. The largest seller was Bank of America, cutting an estimated $7.54M.
- 65 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2014, up from 61 in Q2 2014.
- Funds reported $412M of VanEck Intermediate Muni ETF stock for Q3 2014, up 16% quarter-over-quarter.
- 8 funds opened new VanEck Intermediate Muni ETF positions in Q3 2014 and 4 closed out, a net change of +4 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2014 was Managed Account Advisors, an estimated $34.8M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2014 was Bank of America, an estimated $7.54M sold.
Based on aggregated 13F filings for Q3 2014.