VanEck Long Muni ETF
MLN
139 hedge funds and large institutions have $573M invested in VanEck Long Muni ETF in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 72 increasing their positions, 29 reducing their positions, and 8 closing their positions.
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
148% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 29
101% more capital inflows, than outflows
Capital inflows: $94.7M | Capital outflows: $47.2M
9% more funds holding
Funds holding: 128 → 139 (+11)
0.66% more ownership
Funds ownership: 88.27% → 88.93% (+0.66%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$9.02M |
| 3 |
Bramshill Investments
Naples,
Florida
|
+$8.87M |
| 4 |
Kestra Investment Management
Austin,
Texas
|
+$8.84M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.4M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$11.1M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$6.57M |
| 4 |
Manhattan West Asset Management
Los Angeles,
California
|
-$2.1M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.09M |
MLN Hedge Fund Activity: Q4 2025 in Review
139 of the 8,297 institutional investors tracked by Wall St. Rank reported a position in VanEck Long Muni ETF (MLN) for Q4 2025, worth a combined $573M — up 9% from $526M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MLN positions and 8 closed out — a net gain of 12 holders — while 72 added to existing stakes and 29 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $27.7M. The largest seller was Wellington Management Group, cutting an estimated $15.4M.
- 139 institutional investors held VanEck Long Muni ETF (MLN) as of Q4 2025, up from 128 in Q3 2025.
- Funds reported $573M of VanEck Long Muni ETF stock for Q4 2025, up 9% quarter-over-quarter.
- 20 funds opened new VanEck Long Muni ETF positions in Q4 2025 and 8 closed out, a net change of +12 holders.
- The largest VanEck Long Muni ETF buyer in Q4 2025 was Envestnet Asset Management, an estimated $27.7M added.
- The largest VanEck Long Muni ETF seller in Q4 2025 was Wellington Management Group, an estimated $15.4M sold.
Based on aggregated 13F filings for Q4 2025.