VanEck Short High Yield Muni ETF
SHYD
28 hedge funds and large institutions have $60.2M invested in VanEck Short High Yield Muni ETF in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
6% more capital invested
Capital invested by funds: $56.6M → $60.2M (+$3.54M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.45% less ownership
Funds ownership: 47.36% → 44.91% (-2.5%)
10% less funds holding
Funds holding: 31 → 28 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.88M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$892K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$752K |
| 4 |
Bank of New York Mellon
New York
|
+$532K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$534K |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$356K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$337K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$334K |
| 5 |
AEPG
American Economic Planning Group
Warren,
New Jersey
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $9K | -$10.4K | -410 | -52% |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $6K | – | – | – |
|
|
28
Principal Financial Group
Des Moines,
Iowa
| – | -$356K | -14,000 | Closed |
|
|
AEPG
29
American Economic Planning Group
Warren,
New Jersey
| – | -$221K | -8,699 | Closed |
|
30
Stifel Financial
St. Louis,
Missouri
| – | -$216K | -8,470 | Closed |
|
|
SCM
31
Southport Capital Management
Chattanooga,
Tennessee
| – | -$84K | -3,310 | Closed |
|
|
BBHC
32
Brown Brothers Harriman & Co
New York
| – | -$64K | -2,500 | Closed |
|
SHYD Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Short High Yield Muni ETF (SHYD) for Q3 2016, worth a combined $60.2M — up 6.2% from $56.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SHYD and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $4.88M. The largest seller was Jane Street, cutting an estimated $534K.
- 28 institutional investors held VanEck Short High Yield Muni ETF (SHYD) as of Q3 2016, down from 31 in Q2 2016.
- Funds reported $60.2M of VanEck Short High Yield Muni ETF stock for Q3 2016, up 6.2% quarter-over-quarter.
- 2 funds opened new VanEck Short High Yield Muni ETF positions in Q3 2016 and 5 closed out, a net change of -3 holders.
- The largest VanEck Short High Yield Muni ETF buyer in Q3 2016 was Wells Fargo, an estimated $4.88M added.
- The largest VanEck Short High Yield Muni ETF seller in Q3 2016 was Jane Street, an estimated $534K sold.
Based on aggregated 13F filings for Q3 2016.