VanEck Long Muni ETF
MLN
24 hedge funds and large institutions have $36.1M invested in VanEck Long Muni ETF in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
2.53% less ownership
Funds ownership: 38.29% → 35.76% (-2.5%)
11% less funds holding
Funds holding: 27 → 24 (-3)
29% less capital invested
Capital invested by funds: $51M → $36.1M (-$14.9M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$1.05M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$285K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$231K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$228K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.84M |
| 2 |
Jane Street
New York
|
-$832K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$671K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$546K |
| 5 |
AIG
American International Group
New York
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| – | -$10K | -523 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$3K | -174 | Closed |
|
MLN Hedge Fund Activity: Q2 2015 in Review
24 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q2 2015, worth a combined $36.1M — down 29% from $51M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MLN and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Confluence Investment Management, adding an estimated $1.05M. The largest seller was Bank of America, cutting an estimated $4.84M.
- 24 institutional investors held VanEck Long Muni ETF (MLN) as of Q2 2015, down from 27 in Q1 2015.
- Funds reported $36.1M of VanEck Long Muni ETF stock for Q2 2015, down 29% quarter-over-quarter.
- 2 funds opened new VanEck Long Muni ETF positions in Q2 2015 and 4 closed out, a net change of -2 holders.
- The largest VanEck Long Muni ETF buyer in Q2 2015 was Confluence Investment Management, an estimated $1.05M added.
- The largest VanEck Long Muni ETF seller in Q2 2015 was Bank of America, an estimated $4.84M sold.
Based on aggregated 13F filings for Q2 2015.