VanEck Africa Index ETF
AFK
20 hedge funds and large institutions have $4.11M invested in VanEck Africa Index ETF in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 2 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
55% more capital invested
Capital invested by funds: $2.65M → $4.11M (+$1.46M)
11% more funds holding
Funds holding: 18 → 20 (+2)
2.39% more ownership
Funds ownership: 6.61% → 9% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$464K |
| 2 |
LPL Financial
San Diego,
California
|
+$259K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$213K |
| 4 |
Jane Street
New York
|
+$165K |
| 5 |
Morgan Stanley
New York
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$71.9K |
| 2 |
4FG
4Thought Financial Group
Syosset,
New York
|
-$355 |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$15 |
AFK Hedge Fund Activity: Q2 2024 in Review
20 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in VanEck Africa Index ETF (AFK) for Q2 2024, worth a combined $4.11M — up 55% from $2.65M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new AFK positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 1 trimmed.
The largest buyer was Bank of America, adding an estimated $464K. The largest seller was Wells Fargo, exiting entirely with an estimated $71.9K sold.
- 20 institutional investors held VanEck Africa Index ETF (AFK) as of Q2 2024, up from 18 in Q1 2024.
- Funds reported $4.11M of VanEck Africa Index ETF stock for Q2 2024, up 55% quarter-over-quarter.
- 4 funds opened new VanEck Africa Index ETF positions in Q2 2024 and 2 closed out, a net change of +2 holders.
- The largest VanEck Africa Index ETF buyer in Q2 2024 was Bank of America, an estimated $464K added.
- The largest VanEck Africa Index ETF seller in Q2 2024 was Wells Fargo, an estimated $71.9K sold.
Based on aggregated 13F filings for Q2 2024.