VanEck Intermediate Muni ETF
ITM
150 hedge funds and large institutions have $1.16B invested in VanEck Intermediate Muni ETF in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 47 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
1% more funds holding
Funds holding: 148 → 150 (+2)
0.22% more ownership
Funds ownership: 34.88% → 35.1% (+0.22%)
4% less capital invested
Capital invested by funds: $1.21B → $1.16B (-$51.9M)
19% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWG
Private Wealth Group
Tampa,
Florida
|
+$4.33M |
| 2 |
VF
Virtu Financial
New York
|
+$3.08M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.06M |
| 4 |
OAM
Oppenheimer Asset Management
New York
|
+$2.76M |
| 5 |
AWS
AJ Wealth Strategies
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$28.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$17.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.4M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$6.25M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.51M |
ITM Hedge Fund Activity: Q2 2018 in Review
150 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2018, worth a combined $1.16B — down 4.3% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ITM positions and 15 closed out — a net gain of 5 holders — while 38 added to existing stakes and 47 trimmed.
The largest buyer was Private Wealth Group, opening a new position worth an estimated $4.33M. The largest seller was Susquehanna International Group, cutting an estimated $28.8M.
- 150 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2018, up from 148 in Q1 2018.
- Funds reported $1.16B of VanEck Intermediate Muni ETF stock for Q2 2018, down 4.3% quarter-over-quarter.
- 20 funds opened new VanEck Intermediate Muni ETF positions in Q2 2018 and 15 closed out, a net change of +5 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q2 2018 was Private Wealth Group, an estimated $4.33M added.
- The largest VanEck Intermediate Muni ETF seller in Q2 2018 was Susquehanna International Group, an estimated $28.8M sold.
Based on aggregated 13F filings for Q2 2018.