VanEck Fallen Angel High Yield Bond ETF
ANGL
115 hedge funds and large institutions have $640M invested in VanEck Fallen Angel High Yield Bond ETF in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 36 reducing their positions, and 22 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 36
3% less funds holding
Funds holding: 119 → 115 (-4)
5.59% less ownership
Funds ownership: 62.5% → 56.91% (-5.6%)
15% less capital invested
Capital invested by funds: $750M → $640M (-$110M)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$12.7M |
| 2 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
+$7.08M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$6.21M |
| 4 |
MG
Mather Group
Chicago,
Illinois
|
+$5.72M |
| 5 |
AssetMark Inc
Concord,
California
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$57.4M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$55.4M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$27.8M |
| 4 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
-$6.65M |
| 5 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$5.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
126
Bay Colony Advisors
Concord,
Massachusetts
| – | -$52K | -1,818 | Closed |
|
|
BC
127
Bartlett & Co
Cincinnati,
Ohio
| – | -$37K | -1,291 | Closed |
|
|
BCWM
128
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$37K | -1,291 | Closed |
|
|
CI
129
CX Institutional
Auburn,
Indiana
| – | -$28K | -979 | Closed |
|
|
CF
130
Centaurus Financial
Anaheim,
California
| – | -$24K | -822 | Closed |
|
131
SEI Investments
Oaks,
Pennsylvania
| – | -$23K | -804 | Closed |
|
|
BCI
132
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$14K | -480 | Closed |
|
|
VFA
133
Valeo Financial Advisors
Carmel,
Indiana
| – | -$12K | -432 | Closed |
|
|
ACS
134
Archford Capital Strategies
Swansea,
Illinois
| – | -$8K | -292 | Closed |
|
135
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -173 | Closed |
|
136
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -116 | Closed |
|
|
FPB
137
First PREMIER Bank
Sioux Falls,
South Dakota
| – | +$231 | +8 | New |
|
ANGL Hedge Fund Activity: Q3 2018 in Review
115 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q3 2018, worth a combined $640M — down 15% from $750M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ANGL and 18 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 48 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $12.7M. The largest seller was AE Wealth Management, cutting an estimated $57.4M.
- 115 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q3 2018, down from 119 in Q2 2018.
- Funds reported $640M of VanEck Fallen Angel High Yield Bond ETF stock for Q3 2018, down 15% quarter-over-quarter.
- 18 funds opened new VanEck Fallen Angel High Yield Bond ETF positions in Q3 2018 and 22 closed out, a net change of -4 holders.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q3 2018 was Cornerstone Wealth Management, an estimated $12.7M added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q3 2018 was AE Wealth Management, an estimated $57.4M sold.
Based on aggregated 13F filings for Q3 2018.