VanEck Short Muni ETF
SMB
45 hedge funds and large institutions have $107M invested in VanEck Short Muni ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $111M → $107M (-$4.19M)
2% less funds holding
Funds holding: 46 → 45 (-1)
2.2% less ownership
Funds ownership: 42.76% → 40.56% (-2.2%)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.59M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.67M |
| 3 |
Morgan Stanley
New York
|
+$1.31M |
| 4 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$737K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natixis Advisors
Boston,
Massachusetts
|
-$8.59M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.52M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.69M |
| 4 |
Jane Street
New York
|
-$1.7M |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$934K |
SMB Hedge Fund Activity: Q1 2016 in Review
45 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q1 2016, worth a combined $107M — down 3.8% from $111M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMB and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $4.59M. The largest seller was Natixis Advisors, cutting an estimated $8.59M.
- 45 institutional investors held VanEck Short Muni ETF (SMB) as of Q1 2016, down from 46 in Q4 2015.
- Funds reported $107M of VanEck Short Muni ETF stock for Q1 2016, down 3.8% quarter-over-quarter.
- 4 funds opened new VanEck Short Muni ETF positions in Q1 2016 and 5 closed out, a net change of -1 holder.
- The largest VanEck Short Muni ETF buyer in Q1 2016 was Wells Fargo, an estimated $4.59M added.
- The largest VanEck Short Muni ETF seller in Q1 2016 was Natixis Advisors, an estimated $8.59M sold.
Based on aggregated 13F filings for Q1 2016.