VanEck Africa Index ETF
AFK
23 hedge funds and large institutions have $10.8M invested in VanEck Africa Index ETF in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
64% more capital invested
Capital invested by funds: $6.6M → $10.8M (+$4.24M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6.3% more ownership
Funds ownership: 8.3% → 14.6% (+6.3%)
5% more funds holding
Funds holding: 22 → 23 (+1)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.79M |
| 2 |
JP Morgan Chase
New York
|
+$859K |
| 3 |
Jane Street
New York
|
+$859K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$422K |
| 5 |
MFWM
Motley Fool Wealth Management
Alexandria,
Virginia
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
-$50K |
| 2 |
Morgan Stanley
New York
|
-$17K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$15.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.19K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.88K |
AFK Hedge Fund Activity: Q1 2018 in Review
23 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in VanEck Africa Index ETF (AFK) for Q1 2018, worth a combined $10.8M — up 64% from $6.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new AFK positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $1.79M. The largest seller was James Investment Research, exiting entirely with an estimated $50K sold.
- 23 institutional investors held VanEck Africa Index ETF (AFK) as of Q1 2018, up from 22 in Q4 2017.
- Funds reported $10.8M of VanEck Africa Index ETF stock for Q1 2018, up 64% quarter-over-quarter.
- 3 funds opened new VanEck Africa Index ETF positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest VanEck Africa Index ETF buyer in Q1 2018 was Mackay Shields LLC, an estimated $1.79M added.
- The largest VanEck Africa Index ETF seller in Q1 2018 was James Investment Research, an estimated $50K sold.
Based on aggregated 13F filings for Q1 2018.