Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
21 hedge funds and large institutions have $23.2M invested in Xtrackers Municipal Infrastructure Revenue Bond ETF in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 3 closing their positions.
5.11% less ownership
Funds ownership: 44.71% → 39.6% (-5.1%)
9% less funds holding
Funds holding: 23 → 21 (-2)
16% less capital invested
Capital invested by funds: $27.6M → $23.2M (-$4.45M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$838K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$701K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$416K |
| 4 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$326K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$3.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.95M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$581K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$341K |
| 5 |
Morgan Stanley
New York
|
-$288K |
RVNU Hedge Fund Activity: Q1 2017 in Review
21 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) for Q1 2017, worth a combined $23.2M — down 16% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RVNU and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 8 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $838K. The largest seller was Virtu KCG Holdings, cutting an estimated $3.17M.
- 21 institutional investors held Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) as of Q1 2017, down from 23 in Q4 2016.
- Funds reported $23.2M of Xtrackers Municipal Infrastructure Revenue Bond ETF stock for Q1 2017, down 16% quarter-over-quarter.
- 2 funds opened new Xtrackers Municipal Infrastructure Revenue Bond ETF positions in Q1 2017 and 3 closed out, a net change of -1 holder.
- The largest Xtrackers Municipal Infrastructure Revenue Bond ETF buyer in Q1 2017 was Raymond James Financial Services Advisors, an estimated $838K added.
- The largest Xtrackers Municipal Infrastructure Revenue Bond ETF seller in Q1 2017 was Virtu KCG Holdings, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2017.