VanEck Short Muni ETF
SMB
44 hedge funds and large institutions have $61.2M invested in VanEck Short Muni ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
3% more capital invested
Capital invested by funds: $59.3M → $61.2M (+$1.85M)
0.16% less ownership
Funds ownership: 25.46% → 25.3% (-0.16%)
6% less funds holding
Funds holding: 47 → 44 (-3)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.38M |
| 3 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$985K |
| 4 |
Goldman Sachs
New York
|
+$679K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.23M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.09M |
| 3 |
Jane Street
New York
|
-$1.01M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$727K |
| 5 |
JG
Jefferies Group
New York
|
-$494K |
SMB Hedge Fund Activity: Q2 2014 in Review
44 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q2 2014, worth a combined $61.2M — up 3.1% from $59.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SMB and 5 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.48M. The largest seller was Wells Fargo, cutting an estimated $1.23M.
- 44 institutional investors held VanEck Short Muni ETF (SMB) as of Q2 2014, down from 47 in Q1 2014.
- Funds reported $61.2M of VanEck Short Muni ETF stock for Q2 2014, up 3.1% quarter-over-quarter.
- 5 funds opened new VanEck Short Muni ETF positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest VanEck Short Muni ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $2.48M added.
- The largest VanEck Short Muni ETF seller in Q2 2014 was Wells Fargo, an estimated $1.23M sold.
Based on aggregated 13F filings for Q2 2014.