VanEck Short Muni ETF
SMB
38 hedge funds and large institutions have $63.4M invested in VanEck Short Muni ETF in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 37 → 38 (+1)
1% more capital invested
Capital invested by funds: $62.9M → $63.4M (+$484K)
0.92% less ownership
Funds ownership: 28.86% → 27.94% (-0.92%)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.78M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.84M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.39M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$953K |
| 5 |
Jane Street
New York
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$3.94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.26M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$548K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$497K |
SMB Hedge Fund Activity: Q3 2013 in Review
38 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2013, worth a combined $63.4M — up 0.77% from $62.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMB positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.78M. The largest seller was HighTower Advisors, cutting an estimated $3.94M.
- 38 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2013, up from 37 in Q2 2013.
- Funds reported $63.4M of VanEck Short Muni ETF stock for Q3 2013, up 0.77% quarter-over-quarter.
- 4 funds opened new VanEck Short Muni ETF positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest VanEck Short Muni ETF buyer in Q3 2013 was Morgan Stanley, an estimated $3.78M added.
- The largest VanEck Short Muni ETF seller in Q3 2013 was HighTower Advisors, an estimated $3.94M sold.
Based on aggregated 13F filings for Q3 2013.