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VanEck Intermediate Muni ETF

158 hedge funds and large institutions have $1.15B invested in VanEck Intermediate Muni ETF in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 12

3% more funds holding

Funds holding: 154158 (+4)

0.62% more ownership

Funds ownership: 70.45%71.08% (+0.62%)

3% less capital invested

Capital invested by funds: $1.19B → $1.15B (-$39.8M)

13% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 55

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
158
Holders Change
+4
Holders Change %
+2.6%
% of All Funds
3.24%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
16
Increased
48
Reduced
55
Closed
12
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
$680M +$15.1M +303,646 +2%
CAM
2
Caprin Asset Management
Virginia
$44M -$518K -10,419 -1%
M&T Bank
3
M&T Bank
New York
$38.1M +$2.07M +41,621 +6%
UBS Group
4
UBS Group
Switzerland
$34.3M -$3.99M -80,264 -11%
Morgan Stanley
5
Morgan Stanley
New York
$23.9M -$19.8M -398,548 -46%
Wells Fargo
6
Wells Fargo
California
$21.7M +$863K +17,370 +4%
DBT
7
Dubuque Bank & Trust
Iowa
$19.1M +$8.39M +168,824 +82%
Truist Financial
8
Truist Financial
North Carolina
$12.7M -$5.72M -115,137 -32%
AWS
9
AJ Wealth Strategies
New York
$11.3M -$2.25M -45,337 -17%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$11.1M +$1.38M +27,777 +15%
OAM
11
Oppenheimer Asset Management
New York
$11.1M -$640K -12,879 -6%
NA
12
NewEdge Advisors
Louisiana
$10.9M +$121K +2,436 +1%
Ameriprise
13
Ameriprise
Minnesota
$9.48M -$788K -15,861 -8%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$9.04M -$703K -14,146 -7%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$8.91M -$601K -12,084 -6%
LPL Financial
16
LPL Financial
California
$8.84M -$81.2K -1,634 -0.9%
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$7.53M -$30M -604,402 -80%
WSTAM
18
Wilbanks Smith & Thomas Asset Management
Virginia
$7.45M -$33.4K -673 -0.5%
Stifel Financial
19
Stifel Financial
Missouri
$7.16M +$428K +8,603 +7%
VC
20
Vicus Capital
Pennsylvania
$7.16M +$123K +2,483 +2%
ACA
21
Ackerman Capital Advisors
Texas
$6.69M +$6.53M +131,371 New
Jane Street
22
Jane Street
New York
$6.63M -$14M -282,366 -68%
CCM
23
Condor Capital Management
New Jersey
$6.5M -$53K -1,067 -0.8%
G
24
GenTrust
Florida
$6.14M +$503K +10,116 +9%
Carson Wealth (CWM LLC)
25
Carson Wealth (CWM LLC)
Nebraska
$5.98M

ITM Hedge Fund Activity: Q2 2020 in Review

158 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2020, worth a combined $1.15B — down 3.4% from $1.19B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new ITM positions and 12 closed out — a net gain of 4 holders — while 48 added to existing stakes and 55 trimmed.

The largest buyer was Bank of America, adding an estimated $15.1M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $30.5M sold.

  • 158 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2020, up from 154 in Q1 2020.
  • Funds reported $1.15B of VanEck Intermediate Muni ETF stock for Q2 2020, down 3.4% quarter-over-quarter.
  • 16 funds opened new VanEck Intermediate Muni ETF positions in Q2 2020 and 12 closed out, a net change of +4 holders.
  • The largest VanEck Intermediate Muni ETF buyer in Q2 2020 was Bank of America, an estimated $15.1M added.
  • The largest VanEck Intermediate Muni ETF seller in Q2 2020 was Susquehanna International Group, an estimated $30.5M sold.

Based on aggregated 13F filings for Q2 2020.