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VanEck Short Muni ETF

50 hedge funds and large institutions have $105M invested in VanEck Short Muni ETF in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

12% more capital invested

Capital invested by funds: $93M → $105M (+$11.6M)

4% more funds holding

Funds holding: 4850 (+2)

3.99% more ownership

Funds ownership: 34.43%38.42% (+4%)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
17
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$534K -$20.9K -1,199 -4%
FIM
27
Freedom Investment Management
Connecticut
$480K -$1.15M -65,883 -77%
CFMC
28
Curbstone Financial Management Corp
New Hampshire
$472K -$147K -8,400 -24%
FPFS
29
First Personal Financial Services
North Carolina
$416K -$3.58K -205 -0.9%
KIM
30
Karpus Investment Management
New York
$387K -$61.1K -3,500 -14%
NGA
31
Naples Global Advisors
Florida
$379K
Comerica Bank
32
Comerica Bank
Texas
$352K -$351K -20,074 -50%
BC
33
Bartlett & Co
Ohio
$323K +$323K +18,480 New
TGI
34
Tradewinds Global Investors
California
$323K +$323K +18,485 New
AIG
35
American International Group
New York
$278K
FC
36
Forte Capital
New York
$253K -$100K -5,750 -28%
GAM
37
Gould Asset Management
California
$243K -$76.7K -4,390 -24%
VKH
38
Virtu KCG Holdings
New York
$214K -$390K -22,312 -65%
TSS
39
Two Sigma Securities
New York
$185K +$185K +10,595 New
CFS
40
Commonwealth Financial Services
West Virginia
$121K -$110K -6,296 -48%
CCS
41
Crosspoint Capital Strategies
California
$105K +$105K +6,000 New
BWFA
42
Baltimore-Washington Financial Advisors
Maryland
$82K
DADC
43
D.A. Davidson & Co
Montana
$79K
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$61K +$60.5K +3,461 New
LTFS
45
Ladenburg Thalmann Financial Services
Florida
$57K -$1.35M -77,444 -96%
PSUF
46
People's United Financial
Connecticut
$20K
BCA
47
Bray Capital Advisors
Florida
$18K
BFEC
48
Benjamin F. Edwards & Company
Missouri
$14K +$35 +2 +0.3%
GAM
49
Gemmer Asset Management
California
$13K +$1.75K +100 +16%
MMA
50
Miracle Mile Advisors
California
-$3.95M -227,441 Closed

SMB Hedge Fund Activity: Q3 2015 in Review

50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2015, worth a combined $105M — up 12% from $93M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SMB positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 18 trimmed.

The largest buyer was Natixis Advisors, adding an estimated $8.9M. The largest seller was Miracle Mile Advisors, exiting entirely with an estimated $3.95M sold.

  • 50 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2015, up from 48 in Q2 2015.
  • Funds reported $105M of VanEck Short Muni ETF stock for Q3 2015, up 12% quarter-over-quarter.
  • 7 funds opened new VanEck Short Muni ETF positions in Q3 2015 and 4 closed out, a net change of +3 holders.
  • The largest VanEck Short Muni ETF buyer in Q3 2015 was Natixis Advisors, an estimated $8.9M added.
  • The largest VanEck Short Muni ETF seller in Q3 2015 was Miracle Mile Advisors, an estimated $3.95M sold.

Based on aggregated 13F filings for Q3 2015.