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VanEck Short Muni ETF

48 hedge funds and large institutions have $93M invested in VanEck Short Muni ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 13

7% more capital invested

Capital invested by funds: $86.9M → $93M (+$6.16M)

3.46% more ownership

Funds ownership: 30.97%34.43% (+3.5%)

4% less funds holding

Funds holding: 5048 (-2)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
48
Holders Change
-2
Holders Change %
-4%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
18
Reduced
13
Closed
9
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
$19.5M +$1.62M +92,803 +9%
UBS Group
2
UBS Group
Switzerland
$13.5M +$335K +19,205 +3%
Morgan Stanley
3
Morgan Stanley
New York
$10.1M +$589K +33,780 +6%
Natixis Advisors
4
Natixis Advisors
Massachusetts
$6.42M -$193K -11,095 -3%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$4.62M +$3.96M +226,987 +587%
MMA
6
Miracle Mile Advisors
California
$3.95M +$3.96M +227,441 New
CS
7
Credit Suisse
Switzerland
$3.7M
Wells Fargo
8
Wells Fargo
California
$2.94M +$34K +1,950 +1%
TNBTD
9
Trustmark National Bank Trust Department
Mississippi
$2.59M -$99.3K -5,700 -4%
Stifel Financial
10
Stifel Financial
Missouri
$2.05M +$211K +12,085 +11%
AA
11
Ancora Advisors
Ohio
$1.85M +$1.86M +106,715 New
RCAG
12
Rehmann Capital Advisory Group
Michigan
$1.7M +$439K +25,166 +35%
AP
13
Advisors Preferred
Maryland
$1.64M -$89.6K -5,140 -5%
IPC
14
Independent Portfolio Consultants
Florida
$1.56M -$3.31K -190 -0.2%
FIM
15
Freedom Investment Management
Connecticut
$1.48M +$176K +10,076 +13%
Jane Street
16
Jane Street
New York
$1.44M -$253K -14,537 -15%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$1.4M +$713K +40,939 +103%
MFS
18
MSI Financial Services
Massachusetts
$1.11M -$195K -11,213 -15%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.06M +$314K +17,999 +42%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$987K +$75.4K +4,329 +8%
CPO
21
Cerity Partners OCIO
New York
$820K +$159K +9,143 +24%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$817K +$819K +46,995 New
First Trust Advisors
23
First Trust Advisors
Illinois
$781K -$488K -27,987 -38%
Ameriprise
24
Ameriprise
Minnesota
$734K +$50.1K +2,873 +7%
Comerica Bank
25
Comerica Bank
Texas
$698K +$324K +18,609 +86%

SMB Hedge Fund Activity: Q2 2015 in Review

48 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q2 2015, worth a combined $93M — up 7.1% from $86.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SMB and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 18 added.

The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $3.96M. The largest seller was EisnerAmper Wealth Management Corporate Benefits, exiting entirely with an estimated $4.73M sold.

  • 48 institutional investors held VanEck Short Muni ETF (SMB) as of Q2 2015, down from 50 in Q1 2015.
  • Funds reported $93M of VanEck Short Muni ETF stock for Q2 2015, up 7.1% quarter-over-quarter.
  • 8 funds opened new VanEck Short Muni ETF positions in Q2 2015 and 9 closed out, a net change of -1 holder.
  • The largest VanEck Short Muni ETF buyer in Q2 2015 was Miracle Mile Advisors, an estimated $3.96M added.
  • The largest VanEck Short Muni ETF seller in Q2 2015 was EisnerAmper Wealth Management Corporate Benefits, an estimated $4.73M sold.

Based on aggregated 13F filings for Q2 2015.