VanEck Long Muni ETF
MLN
41 hedge funds and large institutions have $74.6M invested in VanEck Long Muni ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 6 closing their positions.
7% less funds holding
Funds holding: 44 → 41 (-3)
7.27% less ownership
Funds ownership: 53.31% → 46.04% (-7.3%)
23% less capital invested
Capital invested by funds: $97M → $74.6M (-$22.4M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.42M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.16M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$721K |
| 4 |
Morgan Stanley
New York
|
+$311K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.99M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$3.74M |
| 4 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$3.26M |
| 5 |
Jane Street
New York
|
-$1.71M |
MLN Hedge Fund Activity: Q1 2018 in Review
41 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q1 2018, worth a combined $74.6M — down 23% from $97M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MLN and 4 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 11 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.42M. The largest seller was Royal Bank of Canada, cutting an estimated $7M.
- 41 institutional investors held VanEck Long Muni ETF (MLN) as of Q1 2018, down from 44 in Q4 2017.
- Funds reported $74.6M of VanEck Long Muni ETF stock for Q1 2018, down 23% quarter-over-quarter.
- 4 funds opened new VanEck Long Muni ETF positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest VanEck Long Muni ETF buyer in Q1 2018 was Susquehanna International Group, an estimated $2.42M added.
- The largest VanEck Long Muni ETF seller in Q1 2018 was Royal Bank of Canada, an estimated $7M sold.
Based on aggregated 13F filings for Q1 2018.