VanEck Intermediate Muni ETF
102 hedge funds and large institutions have $875M invested in VanEck Intermediate Muni ETF in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
20% more capital invested
Capital invested by funds: $727M → $875M (+$148M)
13% more funds holding
Funds holding: 90 → 102 (+12)
2.01% more ownership
Funds ownership: 31.03% → 33.04% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$43.8M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$35.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$23.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.56M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.49M |
| 2 |
Morgan Stanley
New York
|
-$1.89M |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$1.43M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$661K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$625K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PO
101
Private Ocean
San Rafael,
California
| $7K | – | – | – |
|
102
Northern Trust
Chicago,
Illinois
| $4K | +$453K | +9,551 | New |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $124 | +$85.3K | +1,799 | +231% |
|
|
LYV
104
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$354K | -7,500 | Closed |
|
|
RFC
105
Regions Financial Corp
Birmingham,
Alabama
| – | -$229K | -4,863 | Closed |
|
106
Barclays
London,
United Kingdom
| – | -$98K | -2,152 | Closed |
|
|
BCA
107
Bray Capital Advisors
Naples,
Florida
| – | -$15K | -325 | Closed |
|
ITM Hedge Fund Activity: Q4 2015 in Review
102 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q4 2015, worth a combined $875M — up 20% from $727M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ITM positions and 4 closed out — a net gain of 12 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Bank of America, adding an estimated $43.8M. The largest seller was Natixis Advisors, cutting an estimated $3.49M.
- 102 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q4 2015, up from 90 in Q3 2015.
- Funds reported $875M of VanEck Intermediate Muni ETF stock for Q4 2015, up 20% quarter-over-quarter.
- 16 funds opened new VanEck Intermediate Muni ETF positions in Q4 2015 and 4 closed out, a net change of +12 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q4 2015 was Bank of America, an estimated $43.8M added.
- The largest VanEck Intermediate Muni ETF seller in Q4 2015 was Natixis Advisors, an estimated $3.49M sold.
Based on aggregated 13F filings for Q4 2015.