VanEck Africa Index ETF
30 hedge funds and large institutions have $17.5M invested in VanEck Africa Index ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 5 closing their positions.
0.32% less ownership
Funds ownership: 14.96% → 14.65% (-0.32%)
3% less funds holding
Funds holding: 31 → 30 (-1)
8% less capital invested
Capital invested by funds: $19M → $17.5M (-$1.53M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$2.51M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.82M |
| 3 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$834K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$758K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$1.14M |
| 3 |
Jane Street
New York
|
-$880K |
| 4 |
LOCC
Lombard Odier & Cie (Canada)
Montreal,
Quebec, Canada
|
-$877K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$713K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $16K | – | – | – |
|
|
PSI
27
Pinnacle Summer Investments
Fairfax,
Virginia
| $10K | – | – | – |
|
|
SSB
28
Sandy Spring Bank
Olney,
Maryland
| $10K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
TAM
31
Tocqueville Asset Management
New York
| – | -$1.14M | -34,625 | Closed |
|
|
LOCC
32
Lombard Odier & Cie (Canada)
Montreal,
Quebec, Canada
| – | -$877K | -26,600 | Closed |
|
|
B
33
Baird
Milwaukee,
Wisconsin
| – | -$406K | -12,301 | Closed |
|
|
CC
34
Columbia Capital
Fullerton,
California
| – | -$322K | -9,794 | Closed |
|
|
PVH
35
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$6K | -190 | Closed |
|
AFK Hedge Fund Activity: Q3 2014 in Review
30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VanEck Africa Index ETF (AFK) for Q3 2014, worth a combined $17.5M — down 8.1% from $19M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of AFK and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.
The largest buyer was New York Life Investment Management, adding an estimated $2.51M. The largest seller was Susquehanna International Group, cutting an estimated $1.9M.
- 30 institutional investors held VanEck Africa Index ETF (AFK) as of Q3 2014, down from 31 in Q2 2014.
- Funds reported $17.5M of VanEck Africa Index ETF stock for Q3 2014, down 8.1% quarter-over-quarter.
- 4 funds opened new VanEck Africa Index ETF positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest VanEck Africa Index ETF buyer in Q3 2014 was New York Life Investment Management, an estimated $2.51M added.
- The largest VanEck Africa Index ETF seller in Q3 2014 was Susquehanna International Group, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2014.