VanEck Intermediate Muni ETF
169 hedge funds and large institutions have $1.46B invested in VanEck Intermediate Muni ETF in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 59 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
4% more funds holding
Funds holding: 163 → 169 (+6)
4% less capital invested
Capital invested by funds: $1.52B → $1.46B (-$63.9M)
5.84% less ownership
Funds ownership: 79% → 73.16% (-5.8%)
10% less call options, than puts
Call options by funds: $785K | Put options by funds: $874K
12% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 59
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$48.6M |
| 2 |
Jane Street
New York
|
+$44.2M |
| 3 |
DIA
Davidson Investment Advisors
Great Falls,
Montana
|
+$13M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$6.69M |
| 5 |
Citigroup
New York
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$174M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.9M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$9.7M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$6.16M |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$5.56M |
ITM Hedge Fund Activity: Q1 2023 in Review
169 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2023, worth a combined $1.46B — down 4.2% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ITM positions and 16 closed out — a net gain of 10 holders — while 52 added to existing stakes and 59 trimmed.
The largest buyer was Bank of America, adding an estimated $48.6M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $174M.
- 169 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2023, up from 163 in Q4 2022.
- Funds reported $1.46B of VanEck Intermediate Muni ETF stock for Q1 2023, down 4.2% quarter-over-quarter.
- 26 funds opened new VanEck Intermediate Muni ETF positions in Q1 2023 and 16 closed out, a net change of +10 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q1 2023 was Bank of America, an estimated $48.6M added.
- The largest VanEck Intermediate Muni ETF seller in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2023.