VanEck Short High Yield Muni ETF
SHYD
35 hedge funds and large institutions have $48.5M invested in VanEck Short High Yield Muni ETF in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 8 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
5% less funds holding
Funds holding: 37 → 35 (-2)
10.16% less ownership
Funds ownership: 53.34% → 43.18% (-10%)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
31% less capital invested
Capital invested by funds: $70.4M → $48.5M (-$21.9M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.94M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.31M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.28M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.26M |
| 5 |
Jane Street
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16.1M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$7M |
| 3 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$4.29M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.4M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$780K |
SHYD Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Short High Yield Muni ETF (SHYD) for Q1 2017, worth a combined $48.5M — down 31% from $70.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SHYD and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.94M. The largest seller was Wells Fargo, cutting an estimated $16.1M.
- 35 institutional investors held VanEck Short High Yield Muni ETF (SHYD) as of Q1 2017, down from 37 in Q4 2016.
- Funds reported $48.5M of VanEck Short High Yield Muni ETF stock for Q1 2017, down 31% quarter-over-quarter.
- 7 funds opened new VanEck Short High Yield Muni ETF positions in Q1 2017 and 8 closed out, a net change of -1 holder.
- The largest VanEck Short High Yield Muni ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $2.94M added.
- The largest VanEck Short High Yield Muni ETF seller in Q1 2017 was Wells Fargo, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2017.