VanEck Africa Index ETF
23 hedge funds and large institutions have $14.9M invested in VanEck Africa Index ETF in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 10 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.86% more ownership
Funds ownership: 14.65% → 15.51% (+0.86%)
15% less capital invested
Capital invested by funds: $17.5M → $14.9M (-$2.56M)
23% less funds holding
Funds holding: 30 → 23 (-7)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$2.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.1M |
| 4 |
Jane Street
New York
|
+$285K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$64.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$1.56M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$993K |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$597K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$560K |
| 5 |
BCM
Bluefin Capital Management
New York
|
-$469K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| – | -$266K | -8,575 | Closed |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| – | -$142K | -4,530 | Closed |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| – | -$48K | -1,545 | Closed |
|
|
PAG
29
Private Advisor Group
Morristown,
New Jersey
| – | -$36K | -1,150 | Closed |
|
30
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$23K | -741 | Closed |
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$20K | -627 | Closed |
|
32
US Bancorp
Minneapolis,
Minnesota
| – | -$16K | -500 | Closed |
|
33
Parallax Volatility Advisers
San Francisco,
California
| – | +$28 | +1 | New |
|
AFK Hedge Fund Activity: Q4 2014 in Review
23 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in VanEck Africa Index ETF (AFK) for Q4 2014, worth a combined $14.9M — down 15% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AFK and 4 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was New York Life Investment Management, adding an estimated $2.59M. The largest seller was Cornerstone Capital Management Holdings, exiting entirely with an estimated $1.56M sold.
- 23 institutional investors held VanEck Africa Index ETF (AFK) as of Q4 2014, down from 30 in Q3 2014.
- Funds reported $14.9M of VanEck Africa Index ETF stock for Q4 2014, down 15% quarter-over-quarter.
- 4 funds opened new VanEck Africa Index ETF positions in Q4 2014 and 10 closed out, a net change of -6 holders.
- The largest VanEck Africa Index ETF buyer in Q4 2014 was New York Life Investment Management, an estimated $2.59M added.
- The largest VanEck Africa Index ETF seller in Q4 2014 was Cornerstone Capital Management Holdings, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2014.