VanEck Intermediate Muni ETF
181 hedge funds and large institutions have $1.76B invested in VanEck Intermediate Muni ETF in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 65 reducing their positions, and 19 closing their positions.
100% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 19
21% more capital invested
Capital invested by funds: $1.45B → $1.76B (+$306M)
10% more funds holding
Funds holding: 164 → 181 (+17)
1.55% more ownership
Funds ownership: 84.94% → 86.49% (+1.6%)
22% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 65
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $705K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$78.9M |
| 2 |
Morgan Stanley
New York
|
+$44.4M |
| 3 |
Renaissance Technologies
New York
|
+$27.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 5 |
WJA
Willis Johnson & Associates
Houston,
Texas
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$14.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.07M |
| 3 |
VWM
Venturi Wealth Management
Austin,
Texas
|
-$4.46M |
| 4 |
JP Morgan Chase
New York
|
-$4.28M |
| 5 |
Jane Street
New York
|
-$3.86M |
ITM Hedge Fund Activity: Q4 2023 in Review
181 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q4 2023, worth a combined $1.76B — up 21% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new ITM positions and 19 closed out — a net gain of 19 holders — while 51 added to existing stakes and 65 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $78.9M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $14.7M.
- 181 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q4 2023, up from 164 in Q3 2023.
- Funds reported $1.76B of VanEck Intermediate Muni ETF stock for Q4 2023, up 21% quarter-over-quarter.
- 38 funds opened new VanEck Intermediate Muni ETF positions in Q4 2023 and 19 closed out, a net change of +19 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q4 2023 was Northwestern Mutual Wealth Management, an estimated $78.9M added.
- The largest VanEck Intermediate Muni ETF seller in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2023.