VanEck Brazil Small-Cap ETF (BRF)

• Market cap: $20.3M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

6.99% less ownership

Funds ownership: 20.1% [Q1] → 13.1% (-6.99%) [Q2]

24% less funds holding

Funds holding: 17 [Q1] → 13 (-4) [Q2]

53% less capital invested

Capital invested by funds: $5.56M [Q1] → $2.61M (-$2.95M) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 4