VanEck Long Muni ETF
MLN
16 hedge funds and large institutions have $20.8M invested in VanEck Long Muni ETF in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 5 closing their positions.
1.23% more ownership
Funds ownership: 27.92% → 29.15% (+1.2%)
1% less capital invested
Capital invested by funds: $21M → $20.8M (-$224K)
11% less funds holding
Funds holding: 18 → 16 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.05M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.32M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$585K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.98M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.2M |
| 3 |
GH
GAM Holding
Zurich,
Switzerland
|
-$322K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$263K |
| 5 |
Goldman Sachs
New York
|
-$199K |
MLN Hedge Fund Activity: Q4 2013 in Review
16 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q4 2013, worth a combined $20.8M — down 1.1% from $21M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MLN and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, opening a new position worth an estimated $3.3M. The largest seller was Bank of America, cutting an estimated $3.98M.
- 16 institutional investors held VanEck Long Muni ETF (MLN) as of Q4 2013, down from 18 in Q3 2013.
- Funds reported $20.8M of VanEck Long Muni ETF stock for Q4 2013, down 1.1% quarter-over-quarter.
- 4 funds opened new VanEck Long Muni ETF positions in Q4 2013 and 5 closed out, a net change of -1 holder.
- The largest VanEck Long Muni ETF buyer in Q4 2013 was Jane Street, an estimated $3.3M added.
- The largest VanEck Long Muni ETF seller in Q4 2013 was Bank of America, an estimated $3.98M sold.
Based on aggregated 13F filings for Q4 2013.