VanEck Intermediate Muni ETF
132 hedge funds and large institutions have $1.16B invested in VanEck Intermediate Muni ETF in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 28 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 41
0.7% less ownership
Funds ownership: 35.61% → 34.9% (-0.7%)
2% less capital invested
Capital invested by funds: $1.19B → $1.16B (-$25.5M)
13% less funds holding
Funds holding: 151 → 132 (-19)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
68% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.31M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$3.32M |
| 3 |
Jane Street
New York
|
+$1.96M |
| 4 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$1.77M |
| 5 |
OAM
Oppenheimer Asset Management
New York
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.28M |
| 2 |
PWG
Private Wealth Group
Tampa,
Florida
|
-$4.35M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.14M |
| 4 |
VF
Virtu Financial
New York
|
-$3.32M |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
151
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$265K | -5,643 | Closed |
|
152
SEI Investments
Oaks,
Pennsylvania
| – | -$224K | -4,745 | Closed |
|
|
WF
153
WealthTrust Fairport
Cleveland,
Ohio
| – | -$151K | -3,210 | Closed |
|
|
SWP
154
Strategic Wealth Partners
Independence,
Ohio
| – | -$144K | -3,064 | Closed |
|
|
WIM
155
Westside Investment Management
Santa Monica,
California
| – | -$106K | -2,250 | Closed |
|
|
AWA
156
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$55K | -1,176 | Closed |
|
|
BCA
157
Bay Colony Advisors
Concord,
Massachusetts
| – | -$8K | -175 | Closed |
|
|
CF
158
Centaurus Financial
Anaheim,
California
| – | -$8K | -163 | Closed |
|
|
PCA
159
Providence Capital Advisors
Charlotte,
North Carolina
| – | -$7K | -150 | Closed |
|
|
ACS
160
Archford Capital Strategies
Swansea,
Illinois
| – | -$7K | -139 | Closed |
|
ITM Hedge Fund Activity: Q3 2018 in Review
132 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2018, worth a combined $1.16B — down 2.1% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ITM and 9 opened new positions — a net loss of 19 holders — while 41 trimmed existing stakes and 43 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.31M. The largest seller was Bank of America, cutting an estimated $8.28M.
- 132 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2018, down from 151 in Q2 2018.
- Funds reported $1.16B of VanEck Intermediate Muni ETF stock for Q3 2018, down 2.1% quarter-over-quarter.
- 9 funds opened new VanEck Intermediate Muni ETF positions in Q3 2018 and 28 closed out, a net change of -19 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2018 was Susquehanna International Group, an estimated $5.31M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2018 was Bank of America, an estimated $8.28M sold.
Based on aggregated 13F filings for Q3 2018.