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VanEck Long Muni ETF

27 hedge funds and large institutions have $51M invested in VanEck Long Muni ETF in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

28% more capital invested

Capital invested by funds: $39.9M → $51M (+$11M)

17% more funds holding

Funds holding: 2327 (+4)

5.18% more ownership

Funds ownership: 33.11%38.29% (+5.2%)

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

Holders
27
Holders Change
+4
Holders Change %
+17.39%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
9
Closed
3
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
$17M -$269K -13,458 -2%
BTS
2
BB&T Securities
Virginia
$9.47M -$11.7K -584 -1%
CIM
3
Confluence Investment Management
Missouri
$6.33M +$6.34M +317,569 New
Morgan Stanley
4
Morgan Stanley
New York
$2.84M -$8.62K -432 -0.3%
UBS Group
5
UBS Group
Switzerland
$2.74M +$508K +25,462 +23%
Stifel Financial
6
Stifel Financial
Missouri
$1.78M +$76.5K +3,833 +4%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.72M +$1.72M +86,263 New
BFEC
8
Benjamin F. Edwards & Company
Missouri
$1.66M +$1.66M +83,119 New
LPL Financial
9
LPL Financial
California
$1.26M -$3.93K -197 -0.3%
Jane Street
10
Jane Street
New York
$832K +$834K +41,757 New
Wells Fargo
11
Wells Fargo
California
$815K -$189K -9,470 -19%
NC
12
NewSquare Capital
Pennsylvania
$709K +$34.1K +1,710 +5%
AIG
13
American International Group
New York
$665K +$284K +14,250 +74%
SMM
14
Stadion Money Management
Georgia
$632K -$39.9K -2,000 -6%
B
15
Baird
Wisconsin
$560K -$28.5K -1,429 -5%
VKH
16
Virtu KCG Holdings
New York
$546K +$17.3K +865 +3%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$303K
RCAG
18
Rehmann Capital Advisory Group
Michigan
$286K +$57.8K +2,894 +25%
AI
19
Atria Investments
North Carolina
$246K -$73.8K -3,698 -23%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$226K -$60.7K -3,042 -21%
CFS
21
Commonwealth Financial Services
West Virginia
$105K +$105K +5,256 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$102K +$103K +5,145 New
JIR
23
James Investment Research
Ohio
$100K
TC
24
Trust Company
Kansas
$31K +$30.9K +1,549 New
MFS
25
MSI Financial Services
Massachusetts
$25K +$22.5K +1,127 +902%

MLN Hedge Fund Activity: Q1 2015 in Review

27 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q1 2015, worth a combined $51M — up 28% from $39.9M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MLN positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 9 trimmed.

The largest buyer was Confluence Investment Management, opening a new position worth an estimated $6.34M. The largest seller was Bank of America, cutting an estimated $269K.

  • 27 institutional investors held VanEck Long Muni ETF (MLN) as of Q1 2015, up from 23 in Q4 2014.
  • Funds reported $51M of VanEck Long Muni ETF stock for Q1 2015, up 28% quarter-over-quarter.
  • 8 funds opened new VanEck Long Muni ETF positions in Q1 2015 and 3 closed out, a net change of +5 holders.
  • The largest VanEck Long Muni ETF buyer in Q1 2015 was Confluence Investment Management, an estimated $6.34M added.
  • The largest VanEck Long Muni ETF seller in Q1 2015 was Bank of America, an estimated $269K sold.

Based on aggregated 13F filings for Q1 2015.