VanEck Long Muni ETF
MLN
33 hedge funds and large institutions have $69.4M invested in VanEck Long Muni ETF in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
13% more capital invested
Capital invested by funds: $61.6M → $69.4M (+$7.78M)
3.37% more ownership
Funds ownership: 43.3% → 46.67% (+3.4%)
0% more funds holding
Funds holding: 33 → 33 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.18M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.9M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$2.16M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.23M |
| 5 |
Jane Street
New York
|
+$761K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$3.69M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.98M |
| 3 |
Bank of New York Mellon
New York
|
-$1.52M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $108K | +$107K | +5,500 | New |
|
|
CFS
27
Commonwealth Financial Services
Vienna,
West Virginia
| $106K | – | – | – |
|
|
JIR
28
James Investment Research
Alpha,
Ohio
| $98K | – | – | – |
|
|
MIM
29
Macroview Investment Management
Bethesda,
Maryland
| $62K | +$61.2K | +3,150 | New |
|
|
IWM
30
IHT Wealth Management
Chicago,
Illinois
| $26K | +$16.4K | +845 | +325% |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| $8K | +$58 | +3 | +0.7% |
|
32
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
33
Bank of New York Mellon
New York
| – | -$1.52M | -78,651 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.28M | -66,231 | Closed |
|
|
KL
35
KWMG LLC
Overland Park,
Kansas
| – | -$252K | -13,039 | Closed |
|
|
FWM
36
Focused Wealth Management
Newburgh,
New York
| – | -$232K | -11,975 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$8K | -400 | Closed |
|
MLN Hedge Fund Activity: Q1 2017 in Review
33 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q1 2017, worth a combined $69.4M — up 13% from $61.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MLN positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Bank of America, adding an estimated $7.18M. The largest seller was Stifel Financial, cutting an estimated $3.69M.
- 33 institutional investors held VanEck Long Muni ETF (MLN) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $69.4M of VanEck Long Muni ETF stock for Q1 2017, up 13% quarter-over-quarter.
- 6 funds opened new VanEck Long Muni ETF positions in Q1 2017 and 5 closed out, a net change of +1 holder.
- The largest VanEck Long Muni ETF buyer in Q1 2017 was Bank of America, an estimated $7.18M added.
- The largest VanEck Long Muni ETF seller in Q1 2017 was Stifel Financial, an estimated $3.69M sold.
Based on aggregated 13F filings for Q1 2017.