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VanEck Intermediate Muni ETF

122 hedge funds and large institutions have $1.02B invested in VanEck Intermediate Muni ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

12% more capital invested

Capital invested by funds: $910M → $1.02B (+$105M)

2.06% more ownership

Funds ownership: 30.54%32.6% (+2.1%)

7% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 45

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 125122 (-3)

Holders
122
Holders Change
-3
Holders Change %
-2.4%
% of All Funds
3.04%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
13
Increased
42
Reduced
45
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$707M +$110M +2,346,102 +18%
UBS Group
2
UBS Group
Switzerland
$50M -$2.91M -62,287 -6%
CAM
3
Caprin Asset Management
Virginia
$40.9M +$13.2M +281,998 +48%
Morgan Stanley
4
Morgan Stanley
New York
$24.2M -$1.2M -25,665 -5%
Wells Fargo
5
Wells Fargo
California
$23.2M +$3.12M +66,763 +16%
BTS
6
BB&T Securities
Virginia
$12.7M -$542K -11,608 -4%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$10.2M +$4.92M +105,300 +94%
Ameriprise
8
Ameriprise
Minnesota
$8.68M -$3.34M -71,452 -28%
LPL Financial
9
LPL Financial
California
$8.43M +$474K +10,145 +6%
OAM
10
Oppenheimer Asset Management
New York
$6.34M +$6.32M +135,270 New
AWS
11
AJ Wealth Strategies
New York
$6.29M +$120K +2,570 +2%
BWM
12
Bernicke Wealth Management
Wisconsin
$6.14M -$651K -13,949 -10%
CCP
13
Cardan Capital Partners
Colorado
$6M +$297K +6,363 +5%
VC
14
Vicus Capital
Pennsylvania
$5.19M -$324K -6,941 -6%
BOTW
15
Bank of the West
California
$4.99M +$4.27M +91,436 +611%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$4.74M -$9.25M -198,069 -66%
Stifel Financial
17
Stifel Financial
Missouri
$4.49M -$475K -10,172 -10%
JCM
18
Janney Capital Management
Pennsylvania
$4.11M -$183K -3,912 -4%
CCA
19
Clearwater Capital Advisors
Illinois
$3.73M +$591K +12,665 +19%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$3.56M +$392K +8,398 +12%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$3.24M +$2.88M +61,606 +827%
Jane Street
22
Jane Street
New York
$3.12M +$2.37M +50,663 +321%
HWP
23
Hefty Wealth Partners
Indiana
$2.89M +$1.89M +40,578 +192%
CPO
24
Cerity Partners OCIO
New York
$2.88M +$859K +18,392 +43%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$2.37M -$677K -14,507 -22%

ITM Hedge Fund Activity: Q1 2017 in Review

122 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2017, worth a combined $1.02B — up 12% from $910M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of ITM and 13 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 42 added.

The largest buyer was Bank of America, adding an estimated $110M. The largest seller was Raymond James & Associates, cutting an estimated $32.7M.

  • 122 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2017, down from 125 in Q4 2016.
  • Funds reported $1.02B of VanEck Intermediate Muni ETF stock for Q1 2017, up 12% quarter-over-quarter.
  • 13 funds opened new VanEck Intermediate Muni ETF positions in Q1 2017 and 14 closed out, a net change of -1 holder.
  • The largest VanEck Intermediate Muni ETF buyer in Q1 2017 was Bank of America, an estimated $110M added.
  • The largest VanEck Intermediate Muni ETF seller in Q1 2017 was Raymond James & Associates, an estimated $32.7M sold.

Based on aggregated 13F filings for Q1 2017.