Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
20 hedge funds and large institutions have $24M invested in Xtrackers Municipal Infrastructure Revenue Bond Active ETF in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
5.68% less ownership
Funds ownership: 46.88% → 41.2% (-5.7%)
17% less funds holding
Funds holding: 24 → 20 (-4)
17% less capital invested
Capital invested by funds: $29.1M → $24M (-$5.02M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$588K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$177K |
| 3 |
ML
McAdam LLC
Philadelphia,
Pennsylvania
|
+$150K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$75.1K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$56.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.91M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.27M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.2M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$340K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$322K |
RVNU Hedge Fund Activity: Q2 2018 in Review
20 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) for Q2 2018, worth a combined $24M — down 17% from $29.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RVNU and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was 3D Asset Management, adding an estimated $588K. The largest seller was Jane Street, cutting an estimated $2.91M.
- 20 institutional investors held Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) as of Q2 2018, down from 24 in Q1 2018.
- Funds reported $24M of Xtrackers Municipal Infrastructure Revenue Bond Active ETF stock for Q2 2018, down 17% quarter-over-quarter.
- 1 fund opened new Xtrackers Municipal Infrastructure Revenue Bond Active ETF positions in Q2 2018 and 5 closed out, a net change of -4 holders.
- The largest Xtrackers Municipal Infrastructure Revenue Bond Active ETF buyer in Q2 2018 was 3D Asset Management, an estimated $588K added.
- The largest Xtrackers Municipal Infrastructure Revenue Bond Active ETF seller in Q2 2018 was Jane Street, an estimated $2.91M sold.
Based on aggregated 13F filings for Q2 2018.