VanEck Intermediate Muni ETF
78 hedge funds and large institutions have $577M invested in VanEck Intermediate Muni ETF in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 6 closing their positions.
691% more capital inflows, than outflows
Capital inflows: $232M | Capital outflows: $29.4M
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
15% more funds holding
Funds holding: 68 → 78 (+10)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$123M |
| 2 |
Managed Account Advisors
Jersey City,
New Jersey
|
+$79.1M |
| 3 |
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$5.4M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$3.74M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$6.76M |
| 2 |
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$6.68M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
-$4.91M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.73M |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$1.91M |
ITM Hedge Fund Activity: Q1 2015 in Review
78 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2015, worth a combined $577M — up 55% from $373M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ITM positions and 6 closed out — a net gain of 12 holders — while 23 added to existing stakes and 23 trimmed.
The largest buyer was Bank of America, adding an estimated $123M. The largest seller was Hanlon Investment Management, exiting entirely with an estimated $6.76M sold.
- 78 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2015, up from 68 in Q4 2014.
- Funds reported $577M of VanEck Intermediate Muni ETF stock for Q1 2015, up 55% quarter-over-quarter.
- 18 funds opened new VanEck Intermediate Muni ETF positions in Q1 2015 and 6 closed out, a net change of +12 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q1 2015 was Bank of America, an estimated $123M added.
- The largest VanEck Intermediate Muni ETF seller in Q1 2015 was Hanlon Investment Management, an estimated $6.76M sold.
Based on aggregated 13F filings for Q1 2015.