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VanEck Short Muni ETF

47 hedge funds and large institutions have $59.3M invested in VanEck Short Muni ETF in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 1

24% more funds holding

Funds holding: 3847 (+9)

17% more capital invested

Capital invested by funds: $50.8M → $59.3M (+$8.52M)

2.61% more ownership

Funds ownership: 22.85%25.46% (+2.6%)

8% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 12

Holders
47
Holders Change
+9
Holders Change %
+23.68%
% of All Funds
1.36%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
13
Reduced
12
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$12.6M +$1.39M +78,759 +12%
Morgan Stanley
2
Morgan Stanley
New York
$11.3M -$169K -9,612 -1%
U
3
UBS
Switzerland
$8.21M +$185K +10,498 +2%
Wells Fargo
4
Wells Fargo
California
$3.91M -$112K -6,376 -3%
CS
5
Credit Suisse
Switzerland
$2.83M +$66K +3,743 +2%
Jane Street
6
Jane Street
New York
$1.77M +$1.77M +100,388 New
Stifel Financial
7
Stifel Financial
Missouri
$1.7M +$1.7M +96,592 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.68M +$714K +40,519 +74%
IPC
9
Independent Portfolio Consultants
Florida
$1.39M +$1.39M +79,035 New
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$978K +$537K +30,442 +121%
FIM
11
Freedom Investment Management
Connecticut
$919K +$111K +6,270 +14%
MFS
12
MSI Financial Services
Massachusetts
$876K +$35.6K +2,021 +4%
LPL Financial
13
LPL Financial
California
$871K -$50.2K -2,849 -5%
Natixis Advisors
14
Natixis Advisors
Massachusetts
$867K -$72.1K -4,090 -8%
CPO
15
Cerity Partners OCIO
New York
$825K +$34.4K +1,950 +4%
RCAG
16
Rehmann Capital Advisory Group
Michigan
$755K +$64.2K +3,643 +9%
First Trust Advisors
17
First Trust Advisors
Illinois
$639K +$640K +36,310 New
B
18
Baird
Wisconsin
$556K -$47.8K -2,711 -8%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$499K -$375K -21,247 -43%
JG
20
Jefferies Group
New York
$494K +$495K +28,090 New
HK
21
Horizon Kinetics
New York
$462K -$32.7K -1,853 -7%
TNBTD
22
Trustmark National Bank Trust Department
Mississippi
$455K -$3K -170 -0.7%
GAM
23
Gould Asset Management
California
$395K +$28.2K +1,600 +8%
CFA
24
Cahill Financial Advisors
Minnesota
$354K
AIG
25
American International Group
New York
$345K -$26.4K -1,500 -7%

SMB Hedge Fund Activity: Q1 2014 in Review

47 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q1 2014, worth a combined $59.3M — up 17% from $50.8M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SMB positions and 1 closed out — a net gain of 9 holders — while 13 added to existing stakes and 12 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $1.77M. The largest seller was Advisors Preferred, exiting entirely with an estimated $584K sold.

  • 47 institutional investors held VanEck Short Muni ETF (SMB) as of Q1 2014, up from 38 in Q4 2013.
  • Funds reported $59.3M of VanEck Short Muni ETF stock for Q1 2014, up 17% quarter-over-quarter.
  • 10 funds opened new VanEck Short Muni ETF positions in Q1 2014 and 1 closed out, a net change of +9 holders.
  • The largest VanEck Short Muni ETF buyer in Q1 2014 was Jane Street, an estimated $1.77M added.
  • The largest VanEck Short Muni ETF seller in Q1 2014 was Advisors Preferred, an estimated $584K sold.

Based on aggregated 13F filings for Q1 2014.