VanEck Intermediate Muni ETF
104 hedge funds and large institutions have $890M invested in VanEck Intermediate Muni ETF in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 16 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
5% more funds holding
Funds holding: 99 → 104 (+5)
5% more capital invested
Capital invested by funds: $850M → $890M (+$39.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.38% less ownership
Funds ownership: 29.9% → 29.52% (-0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$32.8M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10.6M |
| 3 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
+$6.05M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.66M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$35.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.88M |
| 3 |
Morgan Stanley
New York
|
-$5.24M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$5.1M |
| 5 |
Jane Street
New York
|
-$3.84M |
ITM Hedge Fund Activity: Q2 2016 in Review
104 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2016, worth a combined $890M — up 4.6% from $850M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ITM positions and 16 closed out — a net gain of 7 holders — while 38 added to existing stakes and 25 trimmed.
The largest buyer was Bank of America, adding an estimated $32.8M. The largest seller was LPL Financial, cutting an estimated $35.2M.
- 104 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2016, up from 99 in Q1 2016.
- Funds reported $890M of VanEck Intermediate Muni ETF stock for Q2 2016, up 4.6% quarter-over-quarter.
- 23 funds opened new VanEck Intermediate Muni ETF positions in Q2 2016 and 16 closed out, a net change of +7 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q2 2016 was Bank of America, an estimated $32.8M added.
- The largest VanEck Intermediate Muni ETF seller in Q2 2016 was LPL Financial, an estimated $35.2M sold.
Based on aggregated 13F filings for Q2 2016.