Vault-13

VANECK ETF TRUST HYD

HIGH YLD MUNIETF · ETP · CUSIP 92189H409

347 institutional holders +5 vs Q4 2024
48,466,23448.5m shares reported held*
$2.5bnreported value*
41 new 123 added 123 reduced 36 sold out net bought ≈ $266.8m (+5.2m 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 ($426.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.18. Options: 4 managers hold calls ($4.9m notional), 3 hold puts ($9.9m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 256Q4 22: 283Q1 23: 283Q2 23: 284Q3 23: 289Q4 23: 320Q1 24: 304Q2 24: 318Q3 24: 330Q4 24: 342Q1 25: 347347Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022256
Q4 2022283
Q1 2023283
Q2 2023284
Q3 2023289
Q4 2023320
Q1 2024304
Q2 2024318
Q3 2024330
Q4 2024342
Q1 2025347

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 127 bought or addedQ2 23: 146 cut or sold outQ3 23: 130 bought or addedQ3 23: 135 cut or sold outQ3 23Q4 23: 150 bought or addedQ4 23: 158 cut or sold outQ1 24: 167 bought or addedQ1 24: 143 cut or sold outQ1 24Q2 24: 162 bought or addedQ2 24: 135 cut or sold outQ3 24: 160 bought or addedQ3 24: 147 cut or sold outQ3 24Q4 24: 164 bought or addedQ4 24: 148 cut or sold outQ1 25: 164 bought or addedQ1 25: 159 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023127146
Q3 2023130135
Q4 2023150158
Q1 2024167143
Q2 2024162135
Q3 2024160147
Q4 2024164148
Q1 2025164159

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 24 calls: $1.6mQ2 24 puts: $1.0mQ2 24P/C 0.63Q3 24 calls: $1.3mQ3 24 puts: $3.7mQ3 24P/C 2.90Q4 24 calls: $2.2mQ4 24 puts: $27.1mQ4 24P/C 12.49Q1 25 calls: $4.9mQ1 25 puts: $9.9mQ1 25P/C 2.00
Numbers
QuarterCallsPutsP/C
Q2 2024$1.6m$1.0m0.63
Q3 2024$1.3m$3.7m2.90
Q4 2024$2.2m$27.1m12.49
Q1 2025$4.9m$9.9m2.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +5,845,270+5.8m
FMR LLC Added +994,885+994.9k
Counterpoint Mutual Funds LLC New +950,000+950.0k
Wealthspire Advisors, LLC Added +368,926+368.9k
JANE STREET GROUP, LLC Added +195,254+195.3k
OneDigital Investment Advisors LLC Added +166,373+166.4k
Ocean Park Asset Management, LLC Added +163,700+163.7k
SEI INVESTMENTS CO Added +149,363+149.4k
MORGAN STANLEY Added +80,379+80.4k
GWN SECURITIES INC. Added +78,329+78.3k

Biggest sellers

Focus Partners Wealth Reduced -2,059,485-2.1m
ENVESTNET ASSET MANAGEMENT INC Reduced -239,534-239.5k
Sage Mountain Advisors LLC Reduced -233,236-233.2k
CX Institutional Reduced -193,630-193.6k
RFG Advisory, LLC Reduced -182,993-183.0k
CIBC Private Wealth Group LLC Reduced -157,965-158.0k
Forum Financial Management, LP Reduced -138,876-138.9k
CONDOR CAPITAL MANAGEMENT Reduced -102,832-102.8k
NorthCoast Asset Management LLC Reduced -99,972-100.0k
GOLDMAN SACHS GROUP INC Reduced -98,945-98.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.3m63.6k shares
CITADEL ADVISORS LLC Added $1.1m21.5k shares
WOLVERINE TRADING, LLC New $576.8k11.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.9m135.3k shares
WOLVERINE TRADING, LLC Added $2.5m48.9k shares
CITADEL ADVISORS LLC Reduced $440.1k8.6k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 15,717,33915.7m $804.4m $804.4m 0.07% Added +5.8m +5,845,270
2 SEI INVESTMENTS CO 0.22% of their portfolio OAKS, PA 3,397,9043.4m $173.9m $173.9m 0.22% Added +149.4k +149,363
3 FMR LLC 0.01% of their portfolio BOSTON, MA 2,777,7682.8m $142.2m $142.2m 0.01% Added +994.9k +994,885
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,717,1561.7m $87.9m $87.9m 0.07% Added +76.5k +76,501
5 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,696,7801.7m $86.8m $86.8m 0.02% Added +17.9k +17,896
6 Focus Partners Wealth 0.18% of their portfolio ST LOUIS, MO 1,404,7691.4m $71.9m $71.9m 0.18% Reduced -2.1m -2,059,485
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,351,9291.4m $69.2m $69.2m 0.00% Added +80.4k +80,379
8 GRIMES & Co WEALTH MANAGEMENT, LLC 1.90% of their portfolio WESTBOROUGH, MA 1,200,2241.2m $61.4m $61.4m 1.90% Added +11.0k +11,003
9 ASSETMARK, INC 0.16% of their portfolio CONCORD, CA 1,163,2251.2m $59.5m $59.5m 0.16% Added +53.4k +53,365
10 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 973,257973.3k $49.8m $49.8m 0.07% Added +22.7k +22,743
11 Counterpoint Mutual Funds LLC 6.97% of their portfolio San Diego, CA 950,000950.0k $48.6m $48.6m 6.97% New
12 Ocean Park Asset Management, LLC 1.48% of their portfolio SANTA MONICA, CA 812,700812.7k $41.6m $41.6m 1.48% Added +163.7k +163,700
13 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 796,673796.7k $40.8m $40.8m 0.01% Reduced -90.8k -90,831
14 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 765,074765.1k $39.2m $39.2m 0.01% Reduced -98.9k -98,945
15 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 718,628718.6k $36.8m $36.8m 0.01% Added +40.0k +40,020
16 TIAA TRUST, NATIONAL ASSOCIATION 0.11% of their portfolio CHARLOTTE, NC 663,868663.9k $34.0m $34.0m 0.11% Reduced -9.5k -9,470
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 568,192568.2k $29.1m $29.1m 0.01% Reduced -239.5k -239,534
18 REGIONS FINANCIAL CORP 0.19% of their portfolio BIRMINGHAM, AL 494,075494.1k $25.3m $25.3m 0.19% Added +21.9k +21,890
19 Wealthspire Advisors, LLC 0.14% of their portfolio NEW YORK, NY 467,955468.0k $23.9m $23.9m 0.14% Added +368.9k +368,926
20 UBS Group AG 0.01% of their portfolio ZURICH, V8 458,264458.3k $23.5m $23.5m 0.01% Added +14.1k +14,103
21 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 410,905410.9k $21.0m $21.0m 0.01% Reduced -4.1k -4,079
22 Forum Financial Management, LP 0.35% of their portfolio LOMBARD, IL 409,876409.9k $21.0m $21.0m 0.35% Reduced -138.9k -138,876
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 369,714369.7k $18.9m $18.9m 0.00% Reduced -1.5k -1,457
24 Avantax Planning Partners, Inc. 0.60% of their portfolio DUBUQUE, IA 329,849329.8k $16.9m $16.9m 0.60% Added +991 +991
25 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 278,500278.5k $14.3m $14.3m 0.01% Reduced -18.9k -18,900
26 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 240,951241.0k $12.3m $12.3m 0.02% Added +195.3k +195,254
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 212,838212.8k $10.9m $10.9m 0.00% Added +16.1k +16,051
28 OneDigital Investment Advisors LLC 0.12% of their portfolio OVERLAND PARK, KS 201,953202.0k $10.3m $10.3m 0.12% Added +166.4k +166,373
29 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 200,592200.6k $10.3m $10.3m 0.03% Reduced -15.2k -15,218
30 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 192,399192.4k $9.8m $9.8m 0.02% Added +3.5k +3,531
31 Revolve Wealth Partners, LLC 1.42% of their portfolio Hackensack, NJ 191,556191.6k $9.8m $9.8m 1.42% Added +449 +449
32 Ellevest, Inc. 0.63% of their portfolio NEW YORK, NY 184,540184.5k $9.4m $9.4m 0.63% Reduced -16.4k -16,371
33 CWM, LLC 0.04% of their portfolio OMAHA, NE 183,445183.4k $9.4m $9.4m 0.04% Added +5.0k +5,006
34 TOWNSQUARE CAPITAL LLC 0.10% of their portfolio Lehi, UT 182,784182.8k $9.4m $9.4m 0.10% Added +5.0k +5,023
35 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 179,139179.1k $9.2m $9.2m 0.01% Unchanged
36 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 165,830165.8k $8.5m $8.5m 0.02% Added +13.9k +13,928
37 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 163,287163.3k $8.4m $8.4m 0.01% Added +1.9k +1,878
38 GUGGENHEIM CAPITAL LLC 0.07% of their portfolio CHICAGO, IL 143,389143.4k $7.3m $7.3m 0.07% Reduced -23.1k -23,138
39 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 142,730142.7k $7.3m $7.3m 0.01% Added +3.3k +3,317
40 Man Group plc 0.02% of their portfolio LONDON, X0 116,459116.5k $6.0m $6.0m 0.02% Reduced -29.6k -29,637
41 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.15% of their portfolio Seattle, WA 112,732112.7k $5.8m $5.8m 0.15% Reduced -6.2k -6,186
42 Retirement Investment Advisors, Inc. 0.57% of their portfolio OKLAHOMA CITY, OK 109,176109.2k $5.6m $5.6m 0.57% Added +7.5k +7,504
43 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 107,363107.4k $5.5m $5.5m 0.08% Added +75.2k +75,164
44 Veery Capital, LLC 2.10% of their portfolio Wilmington, DE 105,703105.7k $5.4m $5.4m 2.10% Added +6.7k +6,661
45 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 100,747100.7k $5.2m $5.2m 0.01% Reduced -34.5k -34,455
46 Cyndeo Wealth Partners, LLC 0.33% of their portfolio ST. PETERSBURG, FL 97,08897.1k $5.0m $5.0m 0.33% Reduced -18.7k -18,694
47 Full Sail Capital, LLC 0.32% of their portfolio OKLAHOMA CITY, OK 96,19196.2k $4.9m $4.9m 0.32% Reduced -22.2k -22,239
48 Kestra Investment Management, LLC 0.08% of their portfolio AUSTIN, TX 94,87294.9k $4.9m $4.9m 0.08% Reduced -86.4k -86,439
49 NewSquare Capital LLC 0.39% of their portfolio NEWTOWN SQUARE, PA 94,56494.6k $4.8m $4.8m 0.39% Reduced -14.3k -14,284
50 Ironwood Investment Counsel, LLC 0.78% of their portfolio SCOTTSDALE, AZ 87,80687.8k $4.5m $4.5m 0.78% Reduced -16.2k -16,165
51 IFG Advisory, LLC 0.25% of their portfolio ATLANTA, GA 87,49187.5k $4.5m $4.5m 0.25% Added +10.4k +10,360
52 Focus Partners Advisor Solutions, LLC 0.07% of their portfolio SAINT LOUIS, MO 85,71285.7k $4.4m $4.4m 0.07% Reduced -6.0k -5,954
53 GREAT VALLEY ADVISOR GROUP, INC. 0.09% of their portfolio WILMINGTON, DE 85,05885.1k $4.4m $4.4m 0.09% Added +617 +617
54 GWN SECURITIES INC. 0.24% of their portfolio Palm Beach Gardens, FL 85,00885.0k $4.2m $4.2m 0.24% Added +78.3k +78,329
55 Mariner, LLC 0.01% of their portfolio Overland Park, KS 84,04584.0k $4.3m $4.3m 0.01% Reduced -5.7k -5,673
56 Wealthcare Advisory Partners LLC 0.11% of their portfolio WEST CHESTER, PA 81,03681.0k $4.1m $4.1m 0.11% Added +1.6k +1,579
57 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 80,46680.5k $4.1m $4.1m 0.00% Reduced -248 -248
58 Insight Wealth Strategies, LLC 0.53% of their portfolio SAN RAMON, CA 77,44577.4k $4.0m $4.0m 0.53% Added +4.0k +3,976
59 SageView Advisory Group, LLC 0.16% of their portfolio Newport Beach, CA 73,60473.6k $3.8m $3.8m 0.16% Reduced -2.3k -2,262
60 TruWealth Advisors, LLC 0.22% of their portfolio Metairie, LA 72,36272.4k $3.7m $3.7m 0.22% Added +6.8k +6,756
61 Trivium Point Advisory, LLC 0.44% of their portfolio WILTON, CT 69,85069.8k $3.6m $3.6m 0.44% Added +808 +808
62 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ST. LOUIS, MO 66,24166.2k $3.4m $3.4m 0.05% Reduced -251 -251
63 BROWN WEALTH MANAGEMENT, LLC 1.16% of their portfolio NAPERVILLE, IL 65,98066.0k $3.4m $3.4m 1.16% Added +4.5k +4,472
64 Brady Martz Wealth Solutions, LLC 0.74% of their portfolio GRAND FORKS, ND 63,85163.9k $3.3m $3.3m 0.74% Reduced -970 -970
65 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 63,80863.8k $3.3m $3.3m 0.02% Reduced -885 -885
66 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 63,64863.6k $3.3m $3.3m 0.02% Reduced -56.8k -56,840
67 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 62,13562.1k $3.2m $3.2m 0.01% Reduced -7.3k -7,290
68 NorthCoast Asset Management LLC 0.02% of their portfolio STAMFORD, CT 61,19061.2k $3.1m $3.1m 0.02% Reduced -100.0k -99,972
69 FAS Wealth Partners, Inc. 0.24% of their portfolio LEAWOOD, KS 57,54257.5k $2.9m $2.9m 0.24% Reduced -959 -959
70 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 57,29857.3k $2.9m $2.9m 0.03% Reduced -1.7k -1,654
71 Betterment LLC 0.01% of their portfolio NEW YORK, NY 56,94656.9k $2.9m $2.9m 0.01% Added +11.9k +11,935
72 MATHER GROUP, LLC. 0.03% of their portfolio CHICAGO, IL 54,94554.9k $2.8m $2.8m 0.03% Reduced -201 -201
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 50,91850.9k $2.6m $2.6m 0.00% Reduced -81.4k -81,425
74 NORDEN GROUP LLC 0.29% of their portfolio PROVO, UT 48,86848.9k $2.5m $2.5m 0.29% Reduced -89 -89
75 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 48,60048.6k $2.5m $2.5m 0.03% Added +197 +197
76 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 48,14248.1k $2.5m $2.5m 0.04% New
77 BENJAMIN EDWARDS INC 0.03% of their portfolio Clayton, MO 47,50047.5k $2.4m $2.4m 0.03% Added +4.2k +4,170
78 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 47,00047.0k $2.4m $2.4m 0.00% First filing
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 46,38446.4k $2.4m $2.4m 0.00% Added +804 +804
80 Elequin Capital, LP 0.44% of their portfolio NEW YORK, NY 45,47445.5k $2.3m $2.3m 0.44% New
81 Idaho Trust Co 0.95% of their portfolio BOISE, ID 45,43745.4k $2.3m $2.3m 0.95% Unchanged
82 Melone Private Wealth, LLC 1.21% of their portfolio AUBURN HILLS, MI 45,30445.3k $2.3m $2.3m 1.21% Reduced -1.4k -1,407
83 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 42,92342.9k $2.2m $2.2m 0.03% Added +2.8k +2,831
84 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 41,50641.5k $2.1m $2.1m 0.00% Reduced -365 -365
85 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 40,98941.0k $2.1m $2.1m 0.03% Added +532 +532
86 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 40,90440.9k $2.1m $2.1m 0.01% Reduced -14.0k -14,008
87 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 39,32539.3k $2.0m $2.0m 0.06% Added +29.9k +29,907
88 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 39,10839.1k $2.0m $2.0m 0.03% Added +3.6k +3,593
89 Apeiron RIA LLC 0.60% of their portfolio Dallas, TX 38,77238.8k $2.0m $2.0m 0.60% Added +1.4k +1,354
90 Martel Wealth Advisors LLC 0.39% of their portfolio VANCOUVER, WA 38,17838.2k $2.0m $2.0m 0.39% Reduced -181 -181
91 Wedmont Private Capital 0.09% of their portfolio WEST CHESTER, PA 37,02837.0k $1.8m $1.8m 0.09% Added +2.7k +2,672
92 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 36,71636.7k $1.9m $1.9m 0.00% Reduced -693 -693
93 FIRST UNITED BANK & TRUST 0.70% of their portfolio OAKLAND, MD 36,52836.5k $1.9m $1.9m 0.70% Added +9.8k +9,839
94 RIVERSEDGE ADVISORS, LLC 0.40% of their portfolio Wilmington, DE 34,93834.9k $1.8m $1.8m 0.40% Reduced -30.7k -30,730
95 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 34,22334.2k $1.8m $1.8m 0.00% New
96 DRAVO BAY LLC 0.93% of their portfolio REHOBOTH BEACH, DE 34,22334.2k $1.8m $1.8m 0.93% Reduced -2.7k -2,702
97 Sage Mountain Advisors LLC 0.13% of their portfolio ATLANTA, GA 33,82033.8k $1.7m $1.7m 0.13% Reduced -233.2k -233,236
98 FLOW TRADERS U.S. LLC 0.07% of their portfolio NEW YORK, NY 32,86832.9k $1.7m $1.7m 0.07% New
99 PEAPACK GLADSTONE FINANCIAL CORP 0.02% of their portfolio BEDMINSTER, NJ 32,33632.3k $1.7m $1.7m 0.02% New
100 Financial Network Wealth Advisors LLC 2.07% of their portfolio MURRAY, UT 30,84230.8k $1.6m $1.6m 2.07% Added +1.5k +1,502