VanEck Short Muni ETF
SMB
48 hedge funds and large institutions have $93M invested in VanEck Short Muni ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
7% more capital invested
Capital invested by funds: $86.9M → $93M (+$6.16M)
3.46% more ownership
Funds ownership: 30.97% → 34.43% (+3.5%)
4% less funds holding
Funds holding: 50 → 48 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$3.96M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.96M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.86M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.62M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWMCB
EisnerAmper Wealth Management Corporate Benefits
Iselin,
New Jersey
|
-$4.73M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$488K |
| 3 |
AB
AT Bancorp
Dubuque,
Iowa
|
-$290K |
| 4 |
Jane Street
New York
|
-$253K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
51
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$227K | -12,950 | Closed |
|
|
CFA
52
Cahill Financial Advisors
Edina,
Minnesota
| – | -$211K | -12,000 | Closed |
|
|
KCPG
53
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$211K | -12,000 | Closed |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$49K | -2,800 | Closed |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$15K | -866 | Closed |
|
|
NFG
56
Next Financial Group
Houston,
Texas
| – | -$12K | -724 | Closed |
|
SMB Hedge Fund Activity: Q2 2015 in Review
48 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q2 2015, worth a combined $93M — up 7.1% from $86.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMB and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 18 added.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $3.96M. The largest seller was EisnerAmper Wealth Management Corporate Benefits, exiting entirely with an estimated $4.73M sold.
- 48 institutional investors held VanEck Short Muni ETF (SMB) as of Q2 2015, down from 50 in Q1 2015.
- Funds reported $93M of VanEck Short Muni ETF stock for Q2 2015, up 7.1% quarter-over-quarter.
- 8 funds opened new VanEck Short Muni ETF positions in Q2 2015 and 9 closed out, a net change of -1 holder.
- The largest VanEck Short Muni ETF buyer in Q2 2015 was Miracle Mile Advisors, an estimated $3.96M added.
- The largest VanEck Short Muni ETF seller in Q2 2015 was EisnerAmper Wealth Management Corporate Benefits, an estimated $4.73M sold.
Based on aggregated 13F filings for Q2 2015.