VanEck Short Muni ETF
SMB
55 hedge funds and large institutions have $114M invested in VanEck Short Muni ETF in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 5 closing their positions.
436% more capital inflows, than outflows
Capital inflows: $15.1M | Capital outflows: $2.82M
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
6% more funds holding
Funds holding: 52 → 55 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.08M |
| 2 |
Miracle Mile Advisors
Los Angeles,
California
|
+$3.29M |
| 3 |
Morgan Stanley
New York
|
+$1.61M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.22M |
| 5 |
Advisors Preferred
Rockville,
Maryland
|
+$894K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Foundation Advisors
Irvine,
California
|
-$806K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$479K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$341K |
| 4 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$327K |
| 5 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$322K |
SMB Hedge Fund Activity: Q3 2016 in Review
55 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2016, worth a combined $114M — up 11% from $102M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMB positions and 5 closed out — a net gain of 4 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $4.08M. The largest seller was First Foundation Advisors, exiting entirely with an estimated $806K sold.
- 55 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2016, up from 52 in Q2 2016.
- Funds reported $114M of VanEck Short Muni ETF stock for Q3 2016, up 11% quarter-over-quarter.
- 9 funds opened new VanEck Short Muni ETF positions in Q3 2016 and 5 closed out, a net change of +4 holders.
- The largest VanEck Short Muni ETF buyer in Q3 2016 was Bank of America, an estimated $4.08M added.
- The largest VanEck Short Muni ETF seller in Q3 2016 was First Foundation Advisors, an estimated $806K sold.
Based on aggregated 13F filings for Q3 2016.