VanEck Intermediate Muni ETF
154 hedge funds and large institutions have $1.19B invested in VanEck Intermediate Muni ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 40 increasing their positions, 57 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
3% more funds holding
Funds holding: 150 → 154 (+4)
2.65% less ownership
Funds ownership: 73.1% → 70.45% (-2.6%)
13% less capital invested
Capital invested by funds: $1.36B → $1.19B (-$174M)
30% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$35.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$30.4M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$30.1M |
| 4 |
Jane Street
New York
|
+$18.3M |
| 5 |
Morgan Stanley
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$275M |
| 2 |
AWS
AJ Wealth Strategies
New York
|
-$14.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.52M |
| 4 |
G
GenTrust
Miami,
Florida
|
-$3.91M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$1.84M |
ITM Hedge Fund Activity: Q1 2020 in Review
154 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2020, worth a combined $1.19B — down 13% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ITM positions and 20 closed out — a net gain of 6 holders — while 40 added to existing stakes and 57 trimmed.
The largest buyer was M&T Bank, opening a new position worth an estimated $35.3M. The largest seller was Bank of America, cutting an estimated $275M.
- 154 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2020, up from 150 in Q4 2019.
- Funds reported $1.19B of VanEck Intermediate Muni ETF stock for Q1 2020, down 13% quarter-over-quarter.
- 26 funds opened new VanEck Intermediate Muni ETF positions in Q1 2020 and 20 closed out, a net change of +6 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q1 2020 was M&T Bank, an estimated $35.3M added.
- The largest VanEck Intermediate Muni ETF seller in Q1 2020 was Bank of America, an estimated $275M sold.
Based on aggregated 13F filings for Q1 2020.