VanEck Africa Index ETF
15 hedge funds and large institutions have $5.7M invested in VanEck Africa Index ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
36% more capital invested
Capital invested by funds: $4.19M → $5.7M (+$1.51M)
3.3% more ownership
Funds ownership: 9% → 12.3% (+3.3%)
12% less funds holding
Funds holding: 17 → 15 (-2)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.36M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$330K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$75.8K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$40.2K |
| 5 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$165K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$24.6K |
| 3 |
Morgan Stanley
New York
|
-$23.1K |
| 4 |
Citigroup
New York
|
-$14.8K |
| 5 |
MFWM
Motley Fool Wealth Management
Alexandria,
Virginia
|
-$12.7K |
AFK Hedge Fund Activity: Q1 2023 in Review
15 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Africa Index ETF (AFK) for Q1 2023, worth a combined $5.7M — up 36% from $4.19M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of AFK and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $1.36M. The largest seller was LPL Financial, exiting entirely with an estimated $165K sold.
- 15 institutional investors held VanEck Africa Index ETF (AFK) as of Q1 2023, down from 17 in Q4 2022.
- Funds reported $5.7M of VanEck Africa Index ETF stock for Q1 2023, up 36% quarter-over-quarter.
- 2 funds opened new VanEck Africa Index ETF positions in Q1 2023 and 4 closed out, a net change of -2 holders.
- The largest VanEck Africa Index ETF buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $1.36M added.
- The largest VanEck Africa Index ETF seller in Q1 2023 was LPL Financial, an estimated $165K sold.
Based on aggregated 13F filings for Q1 2023.