VanEck Intermediate Muni ETF
131 hedge funds and large institutions have $1.13B invested in VanEck Intermediate Muni ETF in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 28 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
1.59% less ownership
Funds ownership: 70.2% → 68.61% (-1.6%)
13% less funds holding
Funds holding: 150 → 131 (-19)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less capital inflows, than outflows
Capital inflows: $32.3M | Capital outflows: $50.4M
68% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.31M |
| 2 |
Jane Street
New York
|
+$1.96M |
| 3 |
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$1.77M |
| 4 |
Oppenheimer Asset Management
New York
|
+$1.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.28M |
| 2 |
Private Wealth Group
Tampa,
Florida
|
-$4.35M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.14M |
| 4 |
Virtu Financial
New York
|
-$3.32M |
| 5 |
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$2.75M |
ITM Hedge Fund Activity: Q3 2018 in Review
131 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2018, worth a combined $1.13B — down 2.7% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ITM and 9 opened new positions — a net loss of 19 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.31M. The largest seller was Bank of America, cutting an estimated $8.28M.
- 131 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2018, down from 150 in Q2 2018.
- Funds reported $1.13B of VanEck Intermediate Muni ETF stock for Q3 2018, down 2.7% quarter-over-quarter.
- 9 funds opened new VanEck Intermediate Muni ETF positions in Q3 2018 and 28 closed out, a net change of -19 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2018 was Susquehanna International Group, an estimated $5.31M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2018 was Bank of America, an estimated $8.28M sold.
Based on aggregated 13F filings for Q3 2018.