Vanguard Health Care ETF
124 hedge funds and large institutions have $556M invested in Vanguard Health Care ETF in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
70% more call options, than puts
Call options by funds: $838K | Put options by funds: $494K
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
17% more capital invested
Capital invested by funds: $476M → $556M (+$79.9M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more funds holding
Funds holding: 114 → 124 (+10)
1.06% less ownership
Funds ownership: 28.52% → 27.46% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$29.5M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$18.4M |
| 3 |
FAAM
First Allied Asset Management
San Diego,
California
|
+$9.09M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$9.05M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$12.5M |
| 2 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
-$11.4M |
| 3 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
-$10.1M |
| 4 |
Citigroup
New York
|
-$9.5M |
| 5 |
Barclays
London,
United Kingdom
|
-$5.08M |
VHT Hedge Fund Activity: Q3 2013 in Review
124 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Vanguard Health Care ETF (VHT) for Q3 2013, worth a combined $556M — up 17% from $476M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VHT positions and 11 closed out — a net gain of 10 holders — while 48 added to existing stakes and 32 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), opening a new position worth an estimated $29.5M. The largest seller was Pinnacle Advisory Group, cutting an estimated $12.5M.
- 124 institutional investors held Vanguard Health Care ETF (VHT) as of Q3 2013, up from 114 in Q2 2013.
- Funds reported $556M of Vanguard Health Care ETF stock for Q3 2013, up 17% quarter-over-quarter.
- 21 funds opened new Vanguard Health Care ETF positions in Q3 2013 and 11 closed out, a net change of +10 holders.
- The largest Vanguard Health Care ETF buyer in Q3 2013 was Manulife (Manufacturers Life Insurance), an estimated $29.5M added.
- The largest Vanguard Health Care ETF seller in Q3 2013 was Pinnacle Advisory Group, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2013.