VanEck Intermediate Muni ETF
122 hedge funds and large institutions have $1.02B invested in VanEck Intermediate Muni ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 14 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12% more capital invested
Capital invested by funds: $910M → $1.02B (+$105M)
2.06% more ownership
Funds ownership: 30.54% → 32.6% (+2.1%)
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 125 → 122 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$110M |
| 2 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
+$13.2M |
| 3 |
OAM
Oppenheimer Asset Management
New York
|
+$6.32M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.92M |
| 5 |
BOTW
Bank of the West
Monterey Park,
California
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$32.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.25M |
| 3 |
SIM
Sigma Investment Management
Portland,
Oregon
|
-$5.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.34M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.91M |
ITM Hedge Fund Activity: Q1 2017 in Review
122 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2017, worth a combined $1.02B — up 12% from $910M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ITM and 13 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 42 added.
The largest buyer was Bank of America, adding an estimated $110M. The largest seller was Raymond James & Associates, cutting an estimated $32.7M.
- 122 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2017, down from 125 in Q4 2016.
- Funds reported $1.02B of VanEck Intermediate Muni ETF stock for Q1 2017, up 12% quarter-over-quarter.
- 13 funds opened new VanEck Intermediate Muni ETF positions in Q1 2017 and 14 closed out, a net change of -1 holder.
- The largest VanEck Intermediate Muni ETF buyer in Q1 2017 was Bank of America, an estimated $110M added.
- The largest VanEck Intermediate Muni ETF seller in Q1 2017 was Raymond James & Associates, an estimated $32.7M sold.
Based on aggregated 13F filings for Q1 2017.