Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
8 hedge funds and large institutions have $4.75M invested in Xtrackers Municipal Infrastructure Revenue Bond ETF in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
4.21% less ownership
Funds ownership: 21.87% → 17.67% (-4.2%)
13% less capital invested
Capital invested by funds: $5.46M → $4.75M (-$713K)
27% less funds holding
Funds holding: 11 → 8 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$230K |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
+$105K |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$43.2K |
| 4 |
AIG
American International Group
New York
|
+$38.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$21.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$533K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$384K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$281K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$39K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IH
1
IFC Holdings
Tampa,
Florida
| $2.11M | +$105K | +3,940 | +5% |
|
|
2
Morgan Stanley
New York
| $1.23M | -$533K | -20,004 | -30% |
|
|
NC
3
NewSquare Capital
Newtown Square,
Pennsylvania
| $1.03M | +$43.2K | +1,623 | +4% |
|
|
4
LPL Financial
San Diego,
California
| $233K | +$230K | +8,638 | New |
|
|
5
Bank of America
Charlotte,
North Carolina
| $92K | +$21.1K | +794 | +30% |
|
|
AIG
6
American International Group
New York
| $39K | +$38.1K | +1,432 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $17K | +$133 | +5 | +0.8% |
|
|
SS
8
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$384K | -14,589 | Closed |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$281K | -10,671 | Closed |
|
|
10
Creative Planning
Overland Park,
Kansas
| – | -$39K | -1,500 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$11K | -416 | Closed |
|
|
IA
12
IFP Advisors
Tampa,
Florida
| – | -$11K | -400 | Closed |
|
RVNU Hedge Fund Activity: Q1 2016 in Review
8 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) for Q1 2016, worth a combined $4.75M — down 13% from $5.46M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RVNU and 2 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $230K. The largest seller was Morgan Stanley, cutting an estimated $533K.
- 8 institutional investors held Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) as of Q1 2016, down from 11 in Q4 2015.
- Funds reported $4.75M of Xtrackers Municipal Infrastructure Revenue Bond ETF stock for Q1 2016, down 13% quarter-over-quarter.
- 2 funds opened new Xtrackers Municipal Infrastructure Revenue Bond ETF positions in Q1 2016 and 5 closed out, a net change of -3 holders.
- The largest Xtrackers Municipal Infrastructure Revenue Bond ETF buyer in Q1 2016 was LPL Financial, an estimated $230K added.
- The largest Xtrackers Municipal Infrastructure Revenue Bond ETF seller in Q1 2016 was Morgan Stanley, an estimated $533K sold.
Based on aggregated 13F filings for Q1 2016.