SPDR NUVEEN S&P VRDO MUN BD ETF
VRD was delisted on the 18th of March, 2015.
8 hedge funds and large institutions have $3.18M invested in SPDR NUVEEN S&P VRDO MUN BD ETF in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
12% more capital invested
Capital invested by funds: $2.83M → $3.18M (+$346K)
11% less funds holding
Funds holding: 9 → 8 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$575K |
| 2 |
Jane Street
New York
|
+$242K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$185K |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
-$383K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$209K |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$90K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $722K | +$242K | +8,093 | +51% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $656K | +$185K | +6,200 | +39% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $576K | +$575K | +19,235 | New |
|
|
RCAG
4
Rehmann Capital Advisory Group
Lansing,
Michigan
| $481K | +$26.6K | +890 | +6% |
|
|
JG
5
Jefferies Group
New York
| $443K | – | – | – |
|
|
U
6
UBS
Zurich,
Switzerland
| $170K | -$209K | -6,997 | -55% |
|
7
Morgan Stanley
New York
| $132K | – | – | – |
|
|
EWM
8
Empirical Wealth Management
Seattle,
Washington
| – | -$383K | -12,785 | Closed |
|
|
BRWM
9
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$90K | -3,005 | Closed |
|
VRD Hedge Fund Activity: Q2 2014 in Review
8 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in SPDR NUVEEN S&P VRDO MUN BD ETF (VRD) for Q2 2014, worth a combined $3.18M — up 12% from $2.83M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of VRD and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $575K. The largest seller was Empirical Wealth Management, exiting entirely with an estimated $383K sold.
- 8 institutional investors held SPDR NUVEEN S&P VRDO MUN BD ETF (VRD) as of Q2 2014, down from 9 in Q1 2014.
- Funds reported $3.18M of SPDR NUVEEN S&P VRDO MUN BD ETF stock for Q2 2014, up 12% quarter-over-quarter.
- 1 fund opened new SPDR NUVEEN S&P VRDO MUN BD ETF positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest SPDR NUVEEN S&P VRDO MUN BD ETF buyer in Q2 2014 was Virtu KCG Holdings, an estimated $575K added.
- The largest SPDR NUVEEN S&P VRDO MUN BD ETF seller in Q2 2014 was Empirical Wealth Management, an estimated $383K sold.
Based on aggregated 13F filings for Q2 2014.