Vanguard Health Care ETF
144 hedge funds and large institutions have $620M invested in Vanguard Health Care ETF in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 5 closing their positions.
420% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 5
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
26% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 43
16% more funds holding
Funds holding: 124 → 144 (+20)
12% more capital invested
Capital invested by funds: $556M → $620M (+$64.2M)
1.38% less ownership
Funds ownership: 27.46% → 26.08% (-1.4%)
45% less call options, than puts
Call options by funds: $900K | Put options by funds: $1.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.8M |
| 2 |
Goldman Sachs
New York
|
+$8.56M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$6.15M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$4.48M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
-$13.2M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$8.12M |
| 3 |
RW
Rand Wealth
Baltimore,
Maryland
|
-$5.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.66M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.03M |
VHT Hedge Fund Activity: Q4 2013 in Review
144 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Vanguard Health Care ETF (VHT) for Q4 2013, worth a combined $620M — up 12% from $556M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new VHT positions and 5 closed out — a net gain of 21 holders — while 54 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.8M. The largest seller was Madison Investment Holdings, cutting an estimated $13.2M.
- 144 institutional investors held Vanguard Health Care ETF (VHT) as of Q4 2013, up from 124 in Q3 2013.
- Funds reported $620M of Vanguard Health Care ETF stock for Q4 2013, up 12% quarter-over-quarter.
- 26 funds opened new Vanguard Health Care ETF positions in Q4 2013 and 5 closed out, a net change of +21 holders.
- The largest Vanguard Health Care ETF buyer in Q4 2013 was Morgan Stanley, an estimated $12.8M added.
- The largest Vanguard Health Care ETF seller in Q4 2013 was Madison Investment Holdings, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2013.