VanEck Long Muni ETF
MLN
18 hedge funds and large institutions have $21M invested in VanEck Long Muni ETF in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 5 closing their positions.
4.29% less ownership
Funds ownership: 32.21% → 27.92% (-4.3%)
22% less funds holding
Funds holding: 23 → 18 (-5)
35% less capital invested
Capital invested by funds: $32.4M → $21M (-$11.4M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$193K |
| 2 |
NES
New England Securities
New York
|
+$108K |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
+$33.2K |
Top Sellers
| 1 |
Jane Street
New York
|
-$4.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.12M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$739K |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
-$710K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$690K |
MLN Hedge Fund Activity: Q3 2013 in Review
18 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q3 2013, worth a combined $21M — down 35% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MLN and 1 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $193K. The largest seller was Jane Street, exiting entirely with an estimated $4.41M sold.
- 18 institutional investors held VanEck Long Muni ETF (MLN) as of Q3 2013, down from 23 in Q2 2013.
- Funds reported $21M of VanEck Long Muni ETF stock for Q3 2013, down 35% quarter-over-quarter.
- 1 fund opened new VanEck Long Muni ETF positions in Q3 2013 and 5 closed out, a net change of -4 holders.
- The largest VanEck Long Muni ETF buyer in Q3 2013 was Goldman Sachs, an estimated $193K added.
- The largest VanEck Long Muni ETF seller in Q3 2013 was Jane Street, an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2013.