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VanEck Short Muni ETF

50 hedge funds and large institutions have $105M invested in VanEck Short Muni ETF in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

12% more capital invested

Capital invested by funds: $93M → $105M (+$11.6M)

4% more funds holding

Funds holding: 4850 (+2)

3.99% more ownership

Funds ownership: 34.43%38.42% (+4%)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
17
Reduced
18
Closed
4
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
$21.5M +$1.84M +105,577 +9%
Natixis Advisors
2
Natixis Advisors
Massachusetts
$15.4M +$8.9M +509,380 +138%
UBS Group
3
UBS Group
Switzerland
$14.9M +$1.27M +72,824 +9%
Morgan Stanley
4
Morgan Stanley
New York
$10.1M -$62.9K -3,602 -0.6%
EWMCB
5
EisnerAmper Wealth Management Corporate Benefits
New Jersey
$4.81M +$4.8M +274,788 New
CS
6
Credit Suisse
Switzerland
$3.91M +$182K +10,402 +5%
Jane Street
7
Jane Street
New York
$3.25M +$1.79M +102,699 +124%
Wells Fargo
8
Wells Fargo
California
$3.22M +$263K +15,028 +9%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$3.22M -$1.43M -81,775 -31%
TNBTD
10
Trustmark National Bank Trust Department
Mississippi
$2.6M
Stifel Financial
11
Stifel Financial
Missouri
$2.09M +$23.6K +1,351 +1%
IPC
12
Independent Portfolio Consultants
Florida
$1.56M -$17.3K -990 -1%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$1.51M +$442K +25,283 +42%
AP
14
Advisors Preferred
Maryland
$1.5M -$155K -8,900 -9%
RCAG
15
Rehmann Capital Advisory Group
Michigan
$1.36M -$354K -20,273 -21%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$1.35M +$357K +20,439 +36%
MFS
17
MSI Financial Services
Massachusetts
$1.13M +$10.9K +623 +1%
Ameriprise
18
Ameriprise
Minnesota
$918K +$176K +10,093 +24%
CPO
19
Cerity Partners OCIO
New York
$826K +$769 +44 +0.1%
Baird Financial Group
20
Baird Financial Group
Wisconsin
$793K -$29.9K -1,709 -4%
First Trust Advisors
21
First Trust Advisors
Illinois
$792K +$6.08K +348 +0.8%
B
22
Bailard
California
$748K +$86.8K +4,970 +13%
DC
23
Davenport & Co
Virginia
$657K +$275K +15,750 +72%
RJA
24
Raymond James & Associates
Florida
$618K +$617K +35,332 New
AA
25
Ancora Advisors
Ohio
$617K -$1.25M -71,434 -67%

SMB Hedge Fund Activity: Q3 2015 in Review

50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2015, worth a combined $105M — up 12% from $93M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SMB positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 18 trimmed.

The largest buyer was Natixis Advisors, adding an estimated $8.9M. The largest seller was Miracle Mile Advisors, exiting entirely with an estimated $3.95M sold.

  • 50 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2015, up from 48 in Q2 2015.
  • Funds reported $105M of VanEck Short Muni ETF stock for Q3 2015, up 12% quarter-over-quarter.
  • 7 funds opened new VanEck Short Muni ETF positions in Q3 2015 and 4 closed out, a net change of +3 holders.
  • The largest VanEck Short Muni ETF buyer in Q3 2015 was Natixis Advisors, an estimated $8.9M added.
  • The largest VanEck Short Muni ETF seller in Q3 2015 was Miracle Mile Advisors, an estimated $3.95M sold.

Based on aggregated 13F filings for Q3 2015.