Vault-13

VANECK ETF TRUST HYD

HIGH YLD MUNIETF · ETP · CUSIP 92189H409

320 institutional holders +31 vs Q3 2023
44,059,79344.1m shares reported held*
$2.3bnreported value*
54 new 96 added 115 reduced 43 sold out net bought ≈ $326.0m (+6.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($889.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.75. Options: 5 managers hold calls ($1.2m notional), 2 hold puts ($671.2k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 256Q4 22: 283Q1 23: 283Q2 23: 284Q3 23: 289Q4 23: 320320Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022256
Q4 2022283
Q1 2023283
Q2 2023284
Q3 2023289
Q4 2023320

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 149 bought or addedQ4 22: 145 cut or sold outQ4 22Q1 23: 148 bought or addedQ1 23: 131 cut or sold outQ1 23Q2 23: 127 bought or addedQ2 23: 146 cut or sold outQ2 23Q3 23: 130 bought or addedQ3 23: 135 cut or sold outQ3 23Q4 23: 150 bought or addedQ4 23: 158 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022149145
Q1 2023148131
Q2 2023127146
Q3 2023130135
Q4 2023150158

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ1 23 calls: $2.5mQ1 23 puts: $1.2mQ1 23P/C 0.49Q2 23 calls: $1.5mQ2 23 puts: $1.8mQ2 23P/C 1.27Q3 23 calls: $1.0mQ3 23 puts: $1.9mQ3 23P/C 1.93Q4 23 calls: $1.2mQ4 23 puts: $671.2kQ4 23P/C 0.58
Numbers
QuarterCallsPutsP/C
Q1 2023$2.5m$1.2m0.49
Q2 2023$1.5m$1.8m1.27
Q3 2023$1.0m$1.9m1.93
Q4 2023$1.2m$671.2k0.58

Biggest buyers

GOLDMAN SACHS GROUP INC Added +2,187,872+2.2m
MORGAN STANLEY Added +1,692,438+1.7m
GRIMES & Co WEALTH MANAGEMENT, LLC New +1,097,200+1.1m
Counterpoint Mutual Funds LLC New +646,102+646.1k
Zions Bancorporation, N.A. Added +597,789+597.8k
Forum Financial Management, LP New +532,390+532.4k
ROYAL BANK OF CANADA Added +484,973+485.0k
Sage Mountain Advisors LLC Added +378,547+378.5k
ALLIANCEBERNSTEIN L.P. New +341,940+341.9k
Ocean Park Asset Management, LLC New +293,200+293.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -2,360,360-2.4m
ENVESTNET ASSET MANAGEMENT INC Reduced -772,023-772.0k
D.A. DAVIDSON & CO. Reduced -749,709-749.7k
SEI INVESTMENTS CO Reduced -204,018-204.0k
Aveo Capital Partners, LLC Sold out -177,509-177.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -172,620-172.6k
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -151,576-151.6k
Sage Advisory Services, Ltd.Co. Sold out -135,896-135.9k
TOWNSQUARE CAPITAL LLC Reduced -120,820-120.8k
Ellevest, Inc. Reduced -105,470-105.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $836.4k16.2k shares
JANE STREET GROUP, LLC New $263.3k5.1k shares
CITADEL ADVISORS LLC Reduced $62.0k1.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $01.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $428.5k8.3k shares
CITADEL ADVISORS LLC Reduced $242.7k4.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution +2.2 pts · filed 2026-08-06 9.2% +2.2 pts 8.1m≈ $418.0m 2026-08-06

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 8,876,6328.9m $458.3m $458.3m 0.05% Reduced -2.4m -2,360,360
2 SEI INVESTMENTS CO 0.27% of their portfolio OAKS, PA 3,204,4223.2m $165.4m $165.4m 0.27% Reduced -204.0k -204,018
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,897,8272.9m $149.6m $149.6m 0.03% Added +2.2m +2,187,872
4 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,488,6422.5m $128.5m $128.5m 0.03% Added +485.0k +484,973
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,477,1862.5m $127.9m $127.9m 0.01% Added +1.7m +1,692,438
6 Focus Partners Wealth 1.24% of their portfolio ST LOUIS, MO 1,833,7901.8m $94.7m $94.7m 1.24% First filing
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 1,381,4071.4m $71.3m $71.3m 0.08% Added +98.6k +98,601
8 GRIMES & Co WEALTH MANAGEMENT, LLC 1.88% of their portfolio WESTBOROUGH, MA 1,097,2001.1m $56.6m $56.6m 1.88% New
9 ASSETMARK, INC 0.16% of their portfolio CONCORD, CA 860,896860.9k $44.4m $44.4m 0.16% Added +19.9k +19,881
10 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 800,872800.9k $41.3m $41.3m 0.08% Added +73.3k +73,272
11 FMR LLC 0.00% of their portfolio BOSTON, MA 797,736797.7k $41.2m $41.2m 0.00% Added +157.0k +156,997
12 TIAA TRUST, NATIONAL ASSOCIATION 0.12% of their portfolio CHARLOTTE, NC 672,859672.9k $34.7m $34.7m 0.12% Reduced -98.5k -98,493
13 Counterpoint Mutual Funds LLC 6.85% of their portfolio San Diego, CA 646,102646.1k $33.4m $33.4m 6.85% New
14 Zions Bancorporation, N.A. 2.14% of their portfolio SALT LAKE CITY, UT 603,825603.8k $31.2m $31.2m 2.14% Added +597.8k +597,789
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 595,152595.2k $30.7m $30.7m 0.01% Reduced -40.2k -40,212
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 574,941574.9k $29.7m $29.7m 0.01% Reduced -772.0k -772,023
17 REGIONS FINANCIAL CORP 0.24% of their portfolio BIRMINGHAM, AL 553,614553.6k $28.6m $28.6m 0.24% Added +286.7k +286,683
18 Private Ocean, LLC 2.74% of their portfolio SAN RAFAEL, CA 533,614533.6k $27.6m $27.6m 2.74% Added +221.2k +221,243
19 Forum Financial Management, LP 0.52% of their portfolio LOMBARD, IL 532,390532.4k $27.5m $27.5m 0.52% New
20 Avantax Planning Partners, Inc. 1.04% of their portfolio DUBUQUE, IA 527,524527.5k $27.2m $27.2m 1.04% Added +143.2k +143,237
21 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 525,588525.6k $27.1m $27.1m 0.02% Added +36.7k +36,692
22 UBS Group AG 0.01% of their portfolio ZURICH, V8 441,558441.6k $22.8m $22.8m 0.01% Reduced -39.1k -39,120
23 Sage Mountain Advisors LLC 2.32% of their portfolio ATLANTA, GA 387,853387.9k $20.0m $20.0m 2.32% Added +378.5k +378,547
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 382,376382.4k $19.7m $19.7m 0.00% Reduced -5.2k -5,164
25 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 366,059366.1k $18.9m $18.9m 0.02% Added +243.7k +243,680
26 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 363,881363.9k $18.8m $18.8m 0.01% Added +28.5k +28,502
27 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 341,940341.9k $17.7m $17.7m 0.01% New
28 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 337,786337.8k $17.4m $17.4m 0.03% Reduced -38.7k -38,703
29 Ocean Park Asset Management, LLC 0.74% of their portfolio SANTA MONICA, CA 293,200293.2k $15.1m $15.1m 0.74% New
30 Jordan Park Group LLC 0.99% of their portfolio SAN FRANCISCO, CA 280,262280.3k $14.5m $14.5m 0.99% Added +275.9k +275,888
31 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 240,302240.3k $12.4m $12.4m 0.02% Added +174.7k +174,702
32 GUGGENHEIM CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 231,649231.6k $12.0m $12.0m 0.09% Reduced -12.0k -11,961
33 CWM, LLC 0.06% of their portfolio OMAHA, NE 221,682221.7k $11.4m $11.4m 0.06% Reduced -47.7k -47,734
34 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 213,949213.9k $11.0m $11.0m 0.02% New
35 1900 WEALTH MANAGEMENT LLC 0.90% of their portfolio SAN ANTONIO, TX 189,809189.8k $9.8m $9.8m 0.90% New
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 188,802188.8k $9.7m $9.7m 0.00% Added +103.3k +103,278
37 CAPSTONE INVESTMENT ADVISORS, LLC 0.17% of their portfolio NEW YORK, NY 186,401186.4k $9.6m $9.6m 0.17% New
38 RFG Advisory, LLC 0.37% of their portfolio BIRMINGHAM, AL 185,246185.2k $9.6m $9.6m 0.37% Reduced -20.9k -20,852
39 Revolve Wealth Partners, LLC 1.65% of their portfolio Hackensack, NJ 165,453165.5k $8.5m $8.5m 1.65% Added +15.5k +15,501
40 Morningstar Investment Services LLC 0.05% of their portfolio CHICAGO, IL 161,398161.4k $8.3m $8.3m 0.05% Added +80.1k +80,108
41 TOWNSQUARE CAPITAL LLC 0.14% of their portfolio Lehi, UT 154,182154.2k $8.0m $8.0m 0.14% Reduced -120.8k -120,820
42 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 154,011154.0k $8.0m $8.0m 0.01% Reduced -3.0k -3,018
43 SG Americas Securities, LLC 0.08% of their portfolio NEW YORK, NY 140,892140.9k $7.3m $7.3m 0.08% New
44 CX Institutional 0.39% of their portfolio AUBURN, IN 140,644140.6k $7.3m $7.3m 0.39% New
45 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 140,271140.3k $7.2m $7.2m 0.01% Reduced -34.1k -34,149
46 Full Sail Capital, LLC 0.54% of their portfolio OKLAHOMA CITY, OK 138,136138.1k $7.1m $7.1m 0.54% Added +88.4k +88,382
47 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 135,088135.1k $7.0m $7.0m 0.06% Reduced -4.8k -4,751
48 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.22% of their portfolio Seattle, WA 127,809127.8k $6.6m $6.6m 0.22% Added +38.3k +38,297
49 BTS Asset Management, Inc. 4.94% of their portfolio Lincoln, MA 126,725126.7k $6.5m $6.5m 4.94% New
50 Ironwood Investment Counsel, LLC 1.18% of their portfolio SCOTTSDALE, AZ 122,207122.2k $6.3m $6.3m 1.18% New
51 NewSquare Capital LLC 0.54% of their portfolio NEWTOWN SQUARE, PA 109,728109.7k $5.7m $5.7m 0.54% Added +1.1k +1,109
52 Man Group plc 0.02% of their portfolio LONDON, X0 104,117104.1k $5.4m $5.4m 0.02% New
53 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 103,127103.1k $5.3m $5.3m 0.02% Added +25.5k +25,528
54 Cyndeo Wealth Partners, LLC 0.49% of their portfolio ST. PETERSBURG, FL 102,768102.8k $5.3m $5.3m 0.49% Reduced -42.5k -42,523
55 SageView Advisory Group, LLC 0.22% of their portfolio Newport Beach, CA 100,368100.4k $5.2m $5.2m 0.22% New
56 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 97,38397.4k $5.0m $5.0m 0.02% Reduced -28.3k -28,317
57 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 95,95496.0k $5.0m $5.0m 0.00% Added +95.9k +95,884
58 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 95,13195.1k $4.9m $4.9m 0.01% Added +60.9k +60,885
59 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 84,17484.2k $4.3m $4.3m 0.00% Reduced -5.2k -5,186
60 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 78,54778.5k $4.1m $4.1m 0.02% Added +2.9k +2,916
61 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 77,38777.4k $4.0m $4.0m 0.01% Reduced -9.4k -9,424
62 Veery Capital, LLC 1.75% of their portfolio Wilmington, DE 75,71175.7k $3.9m $3.9m 1.75% Reduced -24.2k -24,199
63 Retirement Investment Advisors, Inc. 0.56% of their portfolio OKLAHOMA CITY, OK 75,54975.5k $3.9m $3.9m 0.56% Reduced -45.5k -45,478
64 GREAT VALLEY ADVISOR GROUP, INC. 0.14% of their portfolio WILMINGTON, DE 75,07575.1k $3.9m $3.9m 0.14% Reduced -4.2k -4,228
65 Insight Wealth Strategies, LLC 0.61% of their portfolio SAN RAMON, CA 73,25973.3k $3.8m $3.8m 0.61% Added +7.5k +7,485
66 Ellevest, Inc. 0.26% of their portfolio NEW YORK, NY 72,87872.9k $3.8m $3.8m 0.26% Reduced -105.5k -105,470
67 Annex Advisory Services, LLC 0.16% of their portfolio BROOKFIELD, WI 72,53372.5k $3.7m $3.7m 0.16% New
68 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 65,57165.6k $3.4m $3.4m 0.06% Reduced -83.0k -83,042
69 Connectus Wealth, LLC 0.07% of their portfolio CINCINNATI, OH 65,57065.6k $3.4m $3.4m 0.07% Reduced -5.1k -5,141
70 SOFI WEALTH, LLC 0.36% of their portfolio SAN FRANCISCO, CA 65,11765.1k $3.4m $3.4m 0.36% Added +2.0k +1,970
71 Aaron Wealth Advisors LLC 0.55% of their portfolio Chicago, IL 63,77863.8k $3.3m $3.3m 0.55% Reduced -21.7k -21,682
72 PITCAIRN CO 0.24% of their portfolio CONSHOHOCKEN, PA 63,47863.5k $3.3m $3.3m 0.24% New
73 MATHER GROUP, LLC. 0.05% of their portfolio CHICAGO, IL 63,18663.2k $3.3m $3.3m 0.05% Added +8.3k +8,267
74 FAS Wealth Partners, Inc. 0.31% of their portfolio LEAWOOD, KS 62,39462.4k $3.2m $3.2m 0.31% Added +15.5k +15,512
75 Trivium Point Advisory, LLC 0.74% of their portfolio WILTON, CT 59,16159.2k $3.1m $3.1m 0.74% Added +15.5k +15,511
76 RIVERSEDGE ADVISORS, LLC 0.82% of their portfolio Wilmington, DE 58,20458.2k $3.0m $3.0m 0.82% Reduced -22.2k -22,212
77 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 57,02457.0k $2.9m $2.9m 0.00% Reduced -11.9k -11,905
78 COMERICA BANK 0.01% of their portfolio DALLAS, TX 56,18456.2k $2.9m $2.9m 0.01% Added +43.5k +43,546
79 Financial Network Wealth Advisors LLC 3.02% of their portfolio MURRAY, UT 54,93454.9k $2.8m $2.8m 3.02% First filing
80 BROWN WEALTH MANAGEMENT, LLC 1.13% of their portfolio NAPERVILLE, IL 49,50049.5k $2.6m $2.6m 1.13% Reduced -2.7k -2,725
81 Melone Private Wealth, LLC 1.61% of their portfolio AUBURN HILLS, MI 49,06449.1k $2.5m $2.5m 1.61% Added +697 +697
82 Capital Advisors Wealth Management, LLC 0.57% of their portfolio YAKIMA, WA 48,24948.2k $2.5m $2.5m 0.57% Reduced -4.1k -4,112
83 SYKON CAPITAL LLC 0.98% of their portfolio HARRISON, NY 47,51247.5k $2.5m $2.5m 0.98% New
84 Wealthcare Advisory Partners LLC 0.10% of their portfolio WEST CHESTER, PA 46,77646.8k $2.4m $2.4m 0.10% Reduced -13.8k -13,759
85 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 46,44846.4k $2.4m $2.4m 0.01% Reduced -18.2k -18,246
86 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 45,24345.2k $2.3m $2.3m 0.00% Added +4.2k +4,228
87 Yeomans Consulting Group, Inc. 1.14% of their portfolio Marietta, GA 44,45244.5k $2.3m $2.3m 1.14% First filing
88 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 43,84043.8k $2.3m $2.3m 0.02% Added +7.5k +7,518
89 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 42,41042.4k $2.2m $2.2m 0.03% Reduced -7.1k -7,086
90 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 39,06139.1k $2.0m $2.0m 0.01% Added +19.9k +19,908
91 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 38,55938.6k $2.0m $2.0m 0.01% Reduced -2.2k -2,232
92 TruWealth Advisors, LLC 0.15% of their portfolio Metairie, LA 38,18738.2k $2.0m $2.0m 0.15% Added +4.5k +4,489
93 Owen LaRue, LLC 1.80% of their portfolio ELIZABETHTOWN, KY 36,66336.7k $1.9m $1.9m 1.80% Added +26.6k +26,580
94 BAKER TILLY WEALTH MANAGEMENT, LLC 0.31% of their portfolio MADISON, WI 36,31936.3k $1.9m $1.9m 0.31% Reduced -657 -657
95 Martel Wealth Advisors LLC 0.42% of their portfolio VANCOUVER, WA 36,21936.2k $1.9m $1.9m 0.42% Reduced -862 -862
96 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 34,60834.6k $1.8m $1.8m 0.01% Reduced -5.5k -5,527
97 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 34,09534.1k $1.8m $1.8m 0.03% Reduced -4.6k -4,566
98 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 33,71533.7k $1.7m $1.7m 0.03% Reduced -6.4k -6,435
99 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.05% of their portfolio LOS ANGELES, CA 33,18033.2k $1.7m $1.7m 0.05% New
100 Crabel Capital Management, LLC 0.79% of their portfolio MILWAUKEE, WI 32,55632.6k $1.7m $1.7m 0.79% New