VanEck Vectors Pre-Refunded Municipal Index ETF
PRB was delisted on the 5th of April, 2019.
12 hedge funds and large institutions have $7.09M invested in VanEck Vectors Pre-Refunded Municipal Index ETF in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more capital invested
Capital invested by funds: $6.24M → $7.09M (+$855K)
9% more funds holding
Funds holding: 11 → 12 (+1)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$489K |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$379K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$376K |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$225K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$195K |
| 2 |
Jane Street
New York
|
-$170K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$133K |
| 4 |
Morgan Stanley
New York
|
-$80.5K |
| 5 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.93M | -$170K | -6,880 | -8% |
|
|
2
UBS Group
Zurich,
Switzerland
| $1.56M | +$376K | +15,254 | +32% |
|
|
3
Stifel Financial
St. Louis,
Missouri
| $931K | +$11.5K | +468 | +1% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $871K | +$489K | +19,841 | +127% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $603K | -$195K | -7,889 | -24% |
|
|
NC
6
NewSquare Capital
Newtown Square,
Pennsylvania
| $378K | +$379K | +15,385 | New |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $235K | – | – | – |
|
|
BRF
8
B. Riley Financial
Los Angeles,
California
| $225K | +$225K | +9,135 | New |
|
|
9
Morgan Stanley
New York
| $188K | -$80.5K | -3,264 | -30% |
|
|
10
Wells Fargo
San Francisco,
California
| $163K | -$133K | -5,410 | -45% |
|
|
LTFS
11
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
SCM
13
Southport Capital Management
Chattanooga,
Tennessee
| – | -$17K | -700 | Closed |
|
PRB Hedge Fund Activity: Q3 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Vectors Pre-Refunded Municipal Index ETF (PRB) for Q3 2016, worth a combined $7.09M — up 14% from $6.24M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PRB positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $489K. The largest seller was Bank of America, cutting an estimated $195K.
- 12 institutional investors held VanEck Vectors Pre-Refunded Municipal Index ETF (PRB) as of Q3 2016, up from 11 in Q2 2016.
- Funds reported $7.09M of VanEck Vectors Pre-Refunded Municipal Index ETF stock for Q3 2016, up 14% quarter-over-quarter.
- 2 funds opened new VanEck Vectors Pre-Refunded Municipal Index ETF positions in Q3 2016 and 1 closed out, a net change of +1 holder.
- The largest VanEck Vectors Pre-Refunded Municipal Index ETF buyer in Q3 2016 was Susquehanna International Group, an estimated $489K added.
- The largest VanEck Vectors Pre-Refunded Municipal Index ETF seller in Q3 2016 was Bank of America, an estimated $195K sold.
Based on aggregated 13F filings for Q3 2016.