VanEck Short Muni ETF
SMB
94 hedge funds and large institutions have $167M invested in VanEck Short Muni ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 34 reducing their positions, and 13 closing their positions.
2% more capital invested
Capital invested by funds: $165M → $167M (+$2.78M)
6% less funds holding
Funds holding: 100 → 94 (-6)
15% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 34
16.66% less ownership
Funds ownership: 84.66% → 68% (-17%)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$9.14M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$5.19M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$2.95M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.76M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.84M |
| 2 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
-$1.58M |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$1.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.12M |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$899K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
XF
101
XML Financial
Bethesda,
Maryland
| – | -$246K | -14,608 | Closed |
|
|
GWP
102
Gateway Wealth Partners
Appleton,
Wisconsin
| – | -$187K | -11,136 | Closed |
|
|
FFN
103
Focus Financial Network
Minneapolis,
Minnesota
| – | -$178K | -10,563 | Closed |
|
|
AIM
104
Alhambra Investment Management
Palmetto Bay,
Florida
| – | -$173K | -10,255 | Closed |
|
105
US Bancorp
Minneapolis,
Minnesota
| – | -$23.1K | -1,375 | Closed |
|
|
FHA
106
First Horizon Advisors
Memphis,
Tennessee
| – | -$17.5K | -1,040 | Closed |
|
|
BWM
107
Baystate Wealth Management
Boston,
Massachusetts
| – | -$4.71K | -280 | Closed |
|
SMB Hedge Fund Activity: Q3 2023 in Review
94 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2023, worth a combined $167M — up 1.7% from $165M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SMB and 7 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 29 added.
The largest buyer was JP Morgan Chase, adding an estimated $9.14M. The largest seller was Jane Street, exiting entirely with an estimated $9.84M sold.
- 94 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2023, down from 100 in Q2 2023.
- Funds reported $167M of VanEck Short Muni ETF stock for Q3 2023, up 1.7% quarter-over-quarter.
- 7 funds opened new VanEck Short Muni ETF positions in Q3 2023 and 13 closed out, a net change of -6 holders.
- The largest VanEck Short Muni ETF buyer in Q3 2023 was JP Morgan Chase, an estimated $9.14M added.
- The largest VanEck Short Muni ETF seller in Q3 2023 was Jane Street, an estimated $9.84M sold.
Based on aggregated 13F filings for Q3 2023.