VanEck Short Muni ETF
SMB
102 hedge funds and large institutions have $169M invested in VanEck Short Muni ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 12 closing their positions.
6% less funds holding
Funds holding: 108 → 102 (-6)
15% less capital invested
Capital invested by funds: $198M → $169M (-$29.6M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
17.39% less ownership
Funds ownership: 103.57% → 86.18% (-17%)
40% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 40
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$5.02M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$977K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$804K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$585K |
| 5 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$19.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.82M |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$3.53M |
| 4 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
-$2.67M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.73M |
SMB Hedge Fund Activity: Q1 2023 in Review
102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q1 2023, worth a combined $169M — down 15% from $198M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SMB and 10 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 24 added.
The largest buyer was Condor Capital Management, adding an estimated $5.02M. The largest seller was Bank of America, cutting an estimated $19.7M.
- 102 institutional investors held VanEck Short Muni ETF (SMB) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $169M of VanEck Short Muni ETF stock for Q1 2023, down 15% quarter-over-quarter.
- 10 funds opened new VanEck Short Muni ETF positions in Q1 2023 and 12 closed out, a net change of -2 holders.
- The largest VanEck Short Muni ETF buyer in Q1 2023 was Condor Capital Management, an estimated $5.02M added.
- The largest VanEck Short Muni ETF seller in Q1 2023 was Bank of America, an estimated $19.7M sold.
Based on aggregated 13F filings for Q1 2023.