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VanEck Intermediate Muni ETF

154 hedge funds and large institutions have $1.19B invested in VanEck Intermediate Muni ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 40 increasing their positions, 57 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

3% more funds holding

Funds holding: 150154 (+4)

2.65% less ownership

Funds ownership: 73.1%70.45% (-2.6%)

13% less capital invested

Capital invested by funds: $1.36B → $1.19B (-$174M)

30% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 57

Holders
154
Holders Change
+4
Holders Change %
+2.67%
% of All Funds
3.39%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
26
Increased
40
Reduced
57
Closed
20
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
$641M -$275M -5,487,882 -30%
CAM
2
Caprin Asset Management
Virginia
$43M -$381K -7,608 -0.9%
Morgan Stanley
3
Morgan Stanley
New York
$42.6M +$16M +318,838 +58%
UBS Group
4
UBS Group
Switzerland
$37M -$6.52M -130,238 -15%
Northwestern Mutual Wealth Management
5
Northwestern Mutual Wealth Management
Wisconsin
$37M +$30.1M +600,296 +395%
M&T Bank
6
M&T Bank
New York
$34.7M +$35.3M +705,572 New
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$30.5M +$30.4M +607,064 +4,443%
Jane Street
8
Jane Street
New York
$20.3M +$18.3M +365,107 +769%
Wells Fargo
9
Wells Fargo
California
$20.1M +$673K +13,443 +3%
Truist Financial
10
Truist Financial
North Carolina
$17.9M -$1.84M -36,720 -9%
AWS
11
AJ Wealth Strategies
New York
$13.1M -$14.6M -292,262 -52%
OAM
12
Oppenheimer Asset Management
New York
$11.3M -$102K -2,031 -0.9%
SPC
13
Silver Point Capital
Connecticut
$11.3M +$11.5M +230,100 New
NA
14
NewEdge Advisors
Louisiana
$10.4M +$1.13M +22,602 +12%
DBT
15
Dubuque Bank & Trust
Iowa
$10.1M +$6.81M +135,966 +196%
Ameriprise
16
Ameriprise
Minnesota
$10M -$1.24M -24,819 -11%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$9.42M +$44.8K +894 +0.5%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$9.34M +$974K +19,460 +11%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$9.18M -$829K -16,565 -8%
LPL Financial
20
LPL Financial
California
$8.6M -$898K -17,928 -9%
WSTAM
21
Wilbanks Smith & Thomas Asset Management
Virginia
$7.21M +$211K +4,204 +3%
VC
22
Vicus Capital
Pennsylvania
$6.78M -$167K -3,341 -2%
Stifel Financial
23
Stifel Financial
Missouri
$6.49M +$422K +8,432 +7%
CCM
24
Condor Capital Management
New Jersey
$6.32M +$39.4K +786 +0.6%
Carson Wealth (CWM LLC)
25
Carson Wealth (CWM LLC)
Nebraska
$5.98M

ITM Hedge Fund Activity: Q1 2020 in Review

154 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2020, worth a combined $1.19B — down 13% from $1.36B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new ITM positions and 20 closed out — a net gain of 6 holders — while 40 added to existing stakes and 57 trimmed.

The largest buyer was M&T Bank, opening a new position worth an estimated $35.3M. The largest seller was Bank of America, cutting an estimated $275M.

  • 154 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2020, up from 150 in Q4 2019.
  • Funds reported $1.19B of VanEck Intermediate Muni ETF stock for Q1 2020, down 13% quarter-over-quarter.
  • 26 funds opened new VanEck Intermediate Muni ETF positions in Q1 2020 and 20 closed out, a net change of +6 holders.
  • The largest VanEck Intermediate Muni ETF buyer in Q1 2020 was M&T Bank, an estimated $35.3M added.
  • The largest VanEck Intermediate Muni ETF seller in Q1 2020 was Bank of America, an estimated $275M sold.

Based on aggregated 13F filings for Q1 2020.