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VanEck Long Muni ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 1816 (-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

Holders
16
Holders Change
-2
Holders Change %
-11.11%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
4
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$6.55M -$3.98M -223,820 -37%
Jane Street
2
Jane Street
New York
$3.26M +$3.3M +185,672 New
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$2.28M +$2.05M +115,301 +790%
Wells Fargo
4
Wells Fargo
California
$1.61M +$585K +32,919 +56%
U
5
UBS
Switzerland
$1.44M -$263K -14,813 -15%
FTUS
6
Flow Traders U.S.
New York
$1.3M +$1.32M +73,950 New
LPL Financial
7
LPL Financial
California
$1.26M -$77.6K -4,366 -6%
Morgan Stanley
8
Morgan Stanley
New York
$1.21M -$56.4K -3,172 -4%
B
9
Baird
Wisconsin
$846K +$26.9K +1,515 +3%
VKH
10
Virtu KCG Holdings
New York
$495K +$502K +28,226 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$424K +$314K +17,667 +273%
JIR
12
James Investment Research
Ohio
$88K
Citigroup
13
Citigroup
New York
$17K -$41.1K -2,310 -70%
Ameriprise
14
Ameriprise
Minnesota
$11K +$11K +621 New
AIG
15
American International Group
New York
$5.26K
Creative Planning
16
Creative Planning
Kansas
$2K
MFS
17
MSI Financial Services
Massachusetts
$2K
KIM
18
Karpus Investment Management
New York
-$2.2M -121,870 Closed
GH
19
GAM Holding
Switzerland
-$322K -17,798 Closed
Goldman Sachs
20
Goldman Sachs
New York
-$199K -10,980 Closed
NES
21
New England Securities
New York
-$113K -6,272 Closed

MLN Hedge Fund Activity: Q4 2013 in Review

16 of the 3,445 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.