VanEck Intermediate Muni ETF
68 hedge funds and large institutions have $373M invested in VanEck Intermediate Muni ETF in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 7 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
5% more funds holding
Funds holding: 65 → 68 (+3)
20% less capital inflows, than outflows
Capital inflows: $92.8M | Capital outflows: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Managed Account Advisors
Jersey City,
New Jersey
|
+$42.5M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$6.73M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$6.64M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$4.29M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$109M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
-$2.4M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.59M |
| 4 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$947K |
| 5 |
Rockefeller Financial Services
New York
|
-$543K |
ITM Hedge Fund Activity: Q4 2014 in Review
68 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q4 2014, worth a combined $373M — down 8% from $406M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ITM positions and 7 closed out — a net gain of 4 holders — while 28 added to existing stakes and 15 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $42.5M. The largest seller was Bank of America, cutting an estimated $109M.
- 68 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q4 2014, up from 65 in Q3 2014.
- Funds reported $373M of VanEck Intermediate Muni ETF stock for Q4 2014, down 8% quarter-over-quarter.
- 11 funds opened new VanEck Intermediate Muni ETF positions in Q4 2014 and 7 closed out, a net change of +4 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q4 2014 was Managed Account Advisors, an estimated $42.5M added.
- The largest VanEck Intermediate Muni ETF seller in Q4 2014 was Bank of America, an estimated $109M sold.
Based on aggregated 13F filings for Q4 2014.