Vanguard Mortgage-Backed Securities ETF
VMBS
150 hedge funds and large institutions have $3.1B invested in Vanguard Mortgage-Backed Securities ETF in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 72 increasing their positions, 36 reducing their positions, and 23 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 36
23% more capital invested
Capital invested by funds: $2.52B → $3.1B (+$574M)
5.46% more ownership
Funds ownership: 84.59% → 90.04% (+5.5%)
4% less funds holding
Funds holding: 156 → 150 (-6)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$198M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$120M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$110M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
+$36M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
-$36.2M |
| 2 |
BlackRock
New York
|
-$13.9M |
| 3 |
VWM
Venturi Wealth Management
Austin,
Texas
|
-$4.41M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$3.76M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$2.79M |
VMBS Hedge Fund Activity: Q1 2017 in Review
150 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Vanguard Mortgage-Backed Securities ETF (VMBS) for Q1 2017, worth a combined $3.1B — up 23% from $2.52B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of VMBS and 19 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 72 added.
The largest buyer was Ameriprise, adding an estimated $198M. The largest seller was Milliman Financial Risk Management, cutting an estimated $36.2M.
- 150 institutional investors held Vanguard Mortgage-Backed Securities ETF (VMBS) as of Q1 2017, down from 156 in Q4 2016.
- Funds reported $3.1B of Vanguard Mortgage-Backed Securities ETF stock for Q1 2017, up 23% quarter-over-quarter.
- 19 funds opened new Vanguard Mortgage-Backed Securities ETF positions in Q1 2017 and 23 closed out, a net change of -4 holders.
- The largest Vanguard Mortgage-Backed Securities ETF buyer in Q1 2017 was Ameriprise, an estimated $198M added.
- The largest Vanguard Mortgage-Backed Securities ETF seller in Q1 2017 was Milliman Financial Risk Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2017.