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VanEck Long Muni ETF

13 hedge funds and large institutions have $19.4M invested in VanEck Long Muni ETF in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

3.7% less ownership

Funds ownership: 29.15%25.45% (-3.7%)

7% less capital invested

Capital invested by funds: $20.8M → $19.4M (-$1.43M)

19% less funds holding

Funds holding: 1613 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
13
Holders Change
-3
Holders Change %
-18.75%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
4
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
$11.1M +$4.05M +220,691 +59%
U
2
UBS
Switzerland
$1.76M +$222K +12,107 +15%
Wells Fargo
3
Wells Fargo
California
$1.63M -$87.5K -4,764 -5%
Stifel Financial
4
Stifel Financial
Missouri
$1.45M +$1.42M +77,603 New
LPL Financial
5
LPL Financial
California
$1.29M -$52.1K -2,839 -4%
Morgan Stanley
6
Morgan Stanley
New York
$893K -$393K -21,412 -31%
B
7
Baird
Wisconsin
$709K -$189K -10,303 -21%
ACM
8
Avalon Capital Management
California
$231K +$227K +12,358 New
AIG
9
American International Group
New York
$166K +$157K +8,558 +2,853%
JIR
10
James Investment Research
Ohio
$94K
Citigroup
11
Citigroup
New York
$19K
Ameriprise
12
Ameriprise
Minnesota
$15K +$3.05K +166 +27%
Creative Planning
13
Creative Planning
Kansas
$2K
MFS
14
MSI Financial Services
Massachusetts
$2K
Jane Street
15
Jane Street
New York
-$3.26M -185,672 Closed
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
-$2.28M -129,904 Closed
FTUS
17
Flow Traders U.S.
New York
-$1.3M -73,950 Closed
VKH
18
Virtu KCG Holdings
New York
-$495K -28,226 Closed
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
-$424K -24,146 Closed

MLN Hedge Fund Activity: Q1 2014 in Review

13 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q1 2014, worth a combined $19.4M — down 6.9% from $20.8M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MLN and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 4 added.

The largest buyer was Bank of America, adding an estimated $4.05M. The largest seller was Jane Street, exiting entirely with an estimated $3.26M sold.

  • 13 institutional investors held VanEck Long Muni ETF (MLN) as of Q1 2014, down from 16 in Q4 2013.
  • Funds reported $19.4M of VanEck Long Muni ETF stock for Q1 2014, down 6.9% quarter-over-quarter.
  • 2 funds opened new VanEck Long Muni ETF positions in Q1 2014 and 5 closed out, a net change of -3 holders.
  • The largest VanEck Long Muni ETF buyer in Q1 2014 was Bank of America, an estimated $4.05M added.
  • The largest VanEck Long Muni ETF seller in Q1 2014 was Jane Street, an estimated $3.26M sold.

Based on aggregated 13F filings for Q1 2014.