VanEck Short Muni ETF
SMB
58 hedge funds and large institutions have $125M invested in VanEck Short Muni ETF in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
14% more funds holding
Funds holding: 51 → 58 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $130M → $125M (-$4.93M)
1.74% less ownership
Funds ownership: 49.18% → 47.44% (-1.7%)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$4.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.19M |
| 3 |
Jane Street
New York
|
+$1.85M |
| 4 |
CPO
Cerity Partners OCIO
New York
|
+$729K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.29M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$898K |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$883K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$743K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SEI Investments
Oaks,
Pennsylvania
| $16K | +$16.2K | +933 | New |
|
|
GAM
52
Gemmer Asset Management
Walnut Creek,
California
| $12K | +$12.2K | +700 | New |
|
|
IWM
53
IHT Wealth Management
Chicago,
Illinois
| $5K | +$1.04K | +60 | +30% |
|
54
UBS AM
Chicago,
Illinois
| $1.95K | +$1.95K | +112 | New |
|
|
AP
55
Advisors Preferred
Rockville,
Maryland
| $1.79K | +$633K | +36,370 | +55% |
|
56
BlackRock
New York
| $1K | – | – | – |
|
|
TFA
57
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | – | – | – |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$743K | -43,051 | Closed |
|
59
Bank of New York Mellon
New York
| – | -$435K | -25,235 | Closed |
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$50K | -2,906 | Closed |
|
SMB Hedge Fund Activity: Q1 2017 in Review
58 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q1 2017, worth a combined $125M — down 3.8% from $130M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMB positions and 3 closed out — a net gain of 9 holders — while 11 added to existing stakes and 21 trimmed.
The largest buyer was Geneos Wealth Management, opening a new position worth an estimated $4.23M. The largest seller was Royal Bank of Canada, cutting an estimated $6.29M.
- 58 institutional investors held VanEck Short Muni ETF (SMB) as of Q1 2017, up from 51 in Q4 2016.
- Funds reported $125M of VanEck Short Muni ETF stock for Q1 2017, down 3.8% quarter-over-quarter.
- 12 funds opened new VanEck Short Muni ETF positions in Q1 2017 and 3 closed out, a net change of +9 holders.
- The largest VanEck Short Muni ETF buyer in Q1 2017 was Geneos Wealth Management, an estimated $4.23M added.
- The largest VanEck Short Muni ETF seller in Q1 2017 was Royal Bank of Canada, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2017.