VanEck Short Muni ETF
SMB
77 hedge funds and large institutions have $109M invested in VanEck Short Muni ETF in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 3 closing their positions.
667% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 3
35% more funds holding
Funds holding: 57 → 77 (+20)
0.89% more ownership
Funds ownership: 45.27% → 46.16% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $111M → $109M (-$2.86M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.92M |
| 2 |
AB
AT Bancorp
Dubuque,
Iowa
|
+$1.05M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$610K |
| 4 |
Bank of New York Mellon
New York
|
+$514K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.27M |
| 2 |
Jane Street
New York
|
-$1.9M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
-$1.52M |
| 4 |
CPO
Cerity Partners OCIO
New York
|
-$1.22M |
| 5 |
B
Bailard
Foster City,
California
|
-$1.1M |
SMB Hedge Fund Activity: Q4 2017 in Review
77 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q4 2017, worth a combined $109M — down 2.6% from $111M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SMB positions and 3 closed out — a net gain of 20 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $4.92M. The largest seller was Bank of America, cutting an estimated $2.27M.
- 77 institutional investors held VanEck Short Muni ETF (SMB) as of Q4 2017, up from 57 in Q3 2017.
- Funds reported $109M of VanEck Short Muni ETF stock for Q4 2017, down 2.6% quarter-over-quarter.
- 23 funds opened new VanEck Short Muni ETF positions in Q4 2017 and 3 closed out, a net change of +20 holders.
- The largest VanEck Short Muni ETF buyer in Q4 2017 was Susquehanna International Group, an estimated $4.92M added.
- The largest VanEck Short Muni ETF seller in Q4 2017 was Bank of America, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2017.