VanEck Long Muni ETF
MLN
32 hedge funds and large institutions have $67.9M invested in VanEck Long Muni ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
38% more capital invested
Capital invested by funds: $49.4M → $67.9M (+$18.5M)
7% more funds holding
Funds holding: 30 → 32 (+2)
3.04% more ownership
Funds ownership: 43.11% → 46.16% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.6M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$6.25M |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$2.13M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$1.64M |
| 5 |
Morgan Stanley
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.88M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.91M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$525K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$157K |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFS
26
Commonwealth Financial Services
Vienna,
West Virginia
| $107K | – | – | – |
|
|
JIR
27
James Investment Research
Alpha,
Ohio
| $101K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $71K | +$69.7K | +3,458 | New |
|
|
UFA
29
US Financial Advisors
Braintree,
Massachusetts
| $6K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
TC
31
Trust Company
Manhattan,
Kansas
| $1K | -$25K | -1,241 | -97% |
|
|
32
Jane Street
New York
| – | -$3.88M | -194,561 | Closed |
|
|
RCAG
33
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$525K | -26,366 | Closed |
|
|
AFP
34
Ausdal Financial Partners
Davenport,
Iowa
| – | -$116K | -5,838 | Closed |
|
35
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$9K | -467 | Closed |
|
MLN Hedge Fund Activity: Q1 2016 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q1 2016, worth a combined $67.9M — up 38% from $49.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MLN positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.6M. The largest seller was Jane Street, exiting entirely with an estimated $3.88M sold.
- 32 institutional investors held VanEck Long Muni ETF (MLN) as of Q1 2016, up from 30 in Q4 2015.
- Funds reported $67.9M of VanEck Long Muni ETF stock for Q1 2016, up 38% quarter-over-quarter.
- 6 funds opened new VanEck Long Muni ETF positions in Q1 2016 and 4 closed out, a net change of +2 holders.
- The largest VanEck Long Muni ETF buyer in Q1 2016 was Wells Fargo, an estimated $10.6M added.
- The largest VanEck Long Muni ETF seller in Q1 2016 was Jane Street, an estimated $3.88M sold.
Based on aggregated 13F filings for Q1 2016.