VanEck Long Muni ETF
MLN
32 hedge funds and large institutions have $77.7M invested in VanEck Long Muni ETF in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
7% more funds holding
Funds holding: 30 → 32 (+2)
2% less capital invested
Capital invested by funds: $79.3M → $77.7M (-$1.64M)
1.75% less ownership
Funds ownership: 43.47% → 41.72% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$3.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.53M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.35M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$668K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.98M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$2.44M |
| 3 |
Jane Street
New York
|
-$1.75M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$976K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$341K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFS
26
Commonwealth Financial Services
Vienna,
West Virginia
| $113K | – | – | – |
|
|
JIR
27
James Investment Research
Alpha,
Ohio
| $104K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $60K | +$60.1K | +2,870 | New |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $8K | +$63 | +3 | +0.7% |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | +$8.37K | +400 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$341K | -16,159 | Closed |
|
|
KA
33
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$281K | -13,316 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$275K | -13,021 | Closed |
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$29K | -1,393 | Closed |
|
MLN Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q3 2016, worth a combined $77.7M — down 2.1% from $79.3M 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 8 trimmed.
The largest buyer was Stifel Financial, adding an estimated $3.16M. The largest seller was Bank of America, cutting an estimated $2.98M.
- 32 institutional investors held VanEck Long Muni ETF (MLN) as of Q3 2016, up from 30 in Q2 2016.
- Funds reported $77.7M of VanEck Long Muni ETF stock for Q3 2016, down 2.1% quarter-over-quarter.
- 6 funds opened new VanEck Long Muni ETF positions in Q3 2016 and 4 closed out, a net change of +2 holders.
- The largest VanEck Long Muni ETF buyer in Q3 2016 was Stifel Financial, an estimated $3.16M added.
- The largest VanEck Long Muni ETF seller in Q3 2016 was Bank of America, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2016.