VanEck Intermediate Muni ETF
128 hedge funds and large institutions have $1.14B invested in VanEck Intermediate Muni ETF in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 54 increasing their positions, 31 reducing their positions, and 7 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 31
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
19% more capital invested
Capital invested by funds: $955M → $1.14B (+$182M)
3.44% more ownership
Funds ownership: 29.52% → 32.96% (+3.4%)
2% more funds holding
Funds holding: 125 → 128 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$145M |
| 2 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
+$43.1M |
| 3 |
Jane Street
New York
|
+$4.52M |
| 4 |
OAM
Oppenheimer Asset Management
New York
|
+$4.1M |
| 5 |
CPO
Cerity Partners OCIO
New York
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$27.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$986K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$880K |
| 4 |
BWM
Bernicke Wealth Management
Altoona,
Wisconsin
|
-$812K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$630K |
ITM Hedge Fund Activity: Q3 2017 in Review
128 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2017, worth a combined $1.14B — up 19% from $955M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ITM positions and 7 closed out — a net gain of 5 holders — while 54 added to existing stakes and 31 trimmed.
The largest buyer was Bank of America, adding an estimated $145M. The largest seller was Hanlon Investment Management, cutting an estimated $27.5M.
- 128 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2017, up from 125 in Q2 2017.
- Funds reported $1.14B of VanEck Intermediate Muni ETF stock for Q3 2017, up 19% quarter-over-quarter.
- 12 funds opened new VanEck Intermediate Muni ETF positions in Q3 2017 and 7 closed out, a net change of +5 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2017 was Bank of America, an estimated $145M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2017 was Hanlon Investment Management, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2017.