VanEck Short Muni ETF
SMB
51 hedge funds and large institutions have $88.7M invested in VanEck Short Muni ETF in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
14% more capital invested
Capital invested by funds: $77.5M → $88.7M (+$11.2M)
6% more funds holding
Funds holding: 48 → 51 (+3)
2.77% more ownership
Funds ownership: 29.98% → 32.74% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$4.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.77M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$1.68M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.12M |
| 5 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$687K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$2.06M |
| 2 |
Morgan Stanley
New York
|
-$851K |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
-$675K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$526K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$468K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPWT
51
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$2.06M | -116,638 | Closed |
|
|
PMG
52
ProVise Management Group
Clearwater,
Florida
| – | -$526K | -29,780 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$468K | -26,505 | Closed |
|
54
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$442K | -25,037 | Closed |
|
|
MHS
55
M Holdings Securities
Portland,
Oregon
| – | -$162K | -9,158 | Closed |
|
|
CFA
56
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$52K | -3,000 | Closed |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$24K | -1,338 | Closed |
|
58
Citigroup
New York
| – | -$5K | -300 | Closed |
|
|
WCM
59
Wealthcare Capital Management
Richmond,
Virginia
| – | -$5K | -260 | Closed |
|
60
Parallax Volatility Advisers
San Francisco,
California
| – | +$18 | +1 | New |
|
SMB Hedge Fund Activity: Q4 2014 in Review
51 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q4 2014, worth a combined $88.7M — up 14% from $77.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SMB positions and 9 closed out — a net gain of 4 holders — while 20 added to existing stakes and 10 trimmed.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $4.63M. The largest seller was MassMutual Private Wealth & Trust, exiting entirely with an estimated $2.06M sold.
- 51 institutional investors held VanEck Short Muni ETF (SMB) as of Q4 2014, up from 48 in Q3 2014.
- Funds reported $88.7M of VanEck Short Muni ETF stock for Q4 2014, up 14% quarter-over-quarter.
- 13 funds opened new VanEck Short Muni ETF positions in Q4 2014 and 9 closed out, a net change of +4 holders.
- The largest VanEck Short Muni ETF buyer in Q4 2014 was Miracle Mile Advisors, an estimated $4.63M added.
- The largest VanEck Short Muni ETF seller in Q4 2014 was MassMutual Private Wealth & Trust, an estimated $2.06M sold.
Based on aggregated 13F filings for Q4 2014.