VanEck Short Muni ETF
SMB
66 hedge funds and large institutions have $80.9M invested in VanEck Short Muni ETF in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.73% less ownership
Funds ownership: 43.86% → 38.13% (-5.7%)
8% less funds holding
Funds holding: 72 → 66 (-6)
14% less capital invested
Capital invested by funds: $94.4M → $80.9M (-$13.5M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$5.79M |
| 2 |
B
Bailard
Foster City,
California
|
+$576K |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$135K |
| 4 |
EWMCB
EisnerAmper Wealth Management Corporate Benefits
Iselin,
New Jersey
|
+$124K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$81.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.49M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$2.18M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.67M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.47M |
SMB Hedge Fund Activity: Q2 2018 in Review
66 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q2 2018, worth a combined $80.9M — down 14% from $94.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SMB and 3 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $5.79M. The largest seller was UBS Group, cutting an estimated $7.95M.
- 66 institutional investors held VanEck Short Muni ETF (SMB) as of Q2 2018, down from 72 in Q1 2018.
- Funds reported $80.9M of VanEck Short Muni ETF stock for Q2 2018, down 14% quarter-over-quarter.
- 3 funds opened new VanEck Short Muni ETF positions in Q2 2018 and 8 closed out, a net change of -5 holders.
- The largest VanEck Short Muni ETF buyer in Q2 2018 was Janney Capital Management, an estimated $5.79M added.
- The largest VanEck Short Muni ETF seller in Q2 2018 was UBS Group, an estimated $7.95M sold.
Based on aggregated 13F filings for Q2 2018.