VanEck Short High Yield Muni ETF
SHYD
31 hedge funds and large institutions have $56.6M invested in VanEck Short High Yield Muni ETF in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
35% more funds holding
Funds holding: 23 → 31 (+8)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
32% more capital invested
Capital invested by funds: $43M → $56.6M (+$13.6M)
4.51% more ownership
Funds ownership: 42.86% → 47.36% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$7.53M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.21M |
| 3 |
Bank of New York Mellon
New York
|
+$1.34M |
| 4 |
Jane Street
New York
|
+$1.19M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.25M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$1.07M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$629K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$541K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
26
Southport Capital Management
Chattanooga,
Tennessee
| $84K | +$83.5K | +3,310 | New |
|
|
BBHC
27
Brown Brothers Harriman & Co
New York
| $64K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $20K | +$19.8K | +786 | New |
|
29
Citigroup
New York
| $17K | – | – | – |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $6K | -$138K | -5,457 | -96% |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$1.25M | -49,844 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$541K | -21,545 | Closed |
|
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$394K | -15,685 | Closed |
|
|
AIG
34
American International Group
New York
| – | -$76K | -3,039 | Closed |
|
35
Parallax Volatility Advisers
San Francisco,
California
| – | +$25 | +1 | New |
|
SHYD Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Short High Yield Muni ETF (SHYD) for Q2 2016, worth a combined $56.6M — up 32% from $43M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SHYD positions and 4 closed out — a net gain of 8 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Tortoise Investment Management, opening a new position worth an estimated $7.53M. The largest seller was Ameriprise, exiting entirely with an estimated $1.25M sold.
- 31 institutional investors held VanEck Short High Yield Muni ETF (SHYD) as of Q2 2016, up from 23 in Q1 2016.
- Funds reported $56.6M of VanEck Short High Yield Muni ETF stock for Q2 2016, up 32% quarter-over-quarter.
- 12 funds opened new VanEck Short High Yield Muni ETF positions in Q2 2016 and 4 closed out, a net change of +8 holders.
- The largest VanEck Short High Yield Muni ETF buyer in Q2 2016 was Tortoise Investment Management, an estimated $7.53M added.
- The largest VanEck Short High Yield Muni ETF seller in Q2 2016 was Ameriprise, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2016.