VanEck Short Muni ETF
SMB
103 hedge funds and large institutions have $221M invested in VanEck Short Muni ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
3% more funds holding
Funds holding: 100 → 103 (+3)
5% less capital invested
Capital invested by funds: $232M → $221M (-$11.1M)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
5.41% less ownership
Funds ownership: 78.1% → 72.69% (-5.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$3.64M |
| 2 |
NB
Nicolet Bankshares
Green Bay,
Wisconsin
|
+$3.62M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.54M |
| 4 |
Morgan Stanley
New York
|
+$1.94M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.14M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$4.17M |
| 3 |
MWM
MY Wealth Management
Germantown,
Maryland
|
-$3.69M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.2M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.37M |
SMB Hedge Fund Activity: Q1 2026 in Review
103 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q1 2026, worth a combined $221M — down 4.8% from $232M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SMB positions and 9 closed out — a net gain of 7 holders — while 33 added to existing stakes and 36 trimmed.
The largest buyer was Allworth Financial, adding an estimated $3.64M. The largest seller was Bank of America, cutting an estimated $8.14M.
- 103 institutional investors held VanEck Short Muni ETF (SMB) as of Q1 2026, up from 100 in Q4 2025.
- Funds reported $221M of VanEck Short Muni ETF stock for Q1 2026, down 4.8% quarter-over-quarter.
- 16 funds opened new VanEck Short Muni ETF positions in Q1 2026 and 9 closed out, a net change of +7 holders.
- The largest VanEck Short Muni ETF buyer in Q1 2026 was Allworth Financial, an estimated $3.64M added.
- The largest VanEck Short Muni ETF seller in Q1 2026 was Bank of America, an estimated $8.14M sold.
Based on aggregated 13F filings for Q1 2026.