VanEck Fallen Angel High Yield Bond ETF
ANGL
110 hedge funds and large institutions have $349M invested in VanEck Fallen Angel High Yield Bond ETF in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 26 increasing their positions, 53 reducing their positions, and 28 closing their positions.
4% less funds holding
Funds holding: 115 → 110 (-5)
12.14% less ownership
Funds ownership: 56.91% → 44.77% (-12%)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
45% less capital invested
Capital invested by funds: $640M → $349M (-$291M)
51% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$10.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$9.18M |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$2.45M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.02M |
| 5 |
OFG
Oxford Financial Group
Carmel,
Indiana
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$42.5M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$34M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$30.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$28.8M |
| 5 |
CPO
Cerity Partners OCIO
New York
|
-$17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Renaissance Technologies
New York
| – | -$218K | -7,500 | Closed |
|
127
JP Morgan Chase
New York
| – | -$90K | -3,092 | Closed |
|
|
HIIFS
128
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$87K | -3,000 | Closed |
|
|
SPIA
129
Steward Partners Investment Advisory
New York
| – | -$59K | -2,040 | Closed |
|
|
PCG
130
Private Capital Group
West Hartford,
Connecticut
| – | -$50K | -1,742 | Closed |
|
|
RWA
131
River Wealth Advisors
Camp Hill,
Pennsylvania
| – | -$26K | -885 | Closed |
|
|
APP
132
Avantax Planning Partners
Dubuque,
Iowa
| – | -$15K | -530 | Closed |
|
|
ML
133
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$3K | -100 | Closed |
|
|
AF
134
Advisornet Financial
Minnetonka,
Minnesota
| – | -$2K | -55 | Closed |
|
|
DWM
135
Destination Wealth Management
Walnut Creek,
California
| – | -$1K | -24 | Closed |
|
|
FGC
136
Financial Gravity Companies
Lakeway,
Texas
| – | +$56 | +2 | New |
|
137
William Blair & Company
Chicago,
Illinois
| – | +$251 | +9 | New |
|
ANGL Hedge Fund Activity: Q4 2018 in Review
110 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q4 2018, worth a combined $349M — down 45% from $640M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ANGL and 24 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 26 added.
The largest buyer was CIBC Asset Management, opening a new position worth an estimated $10.9M. The largest seller was Cornerstone Wealth Management, cutting an estimated $42.5M.
- 110 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q4 2018, down from 115 in Q3 2018.
- Funds reported $349M of VanEck Fallen Angel High Yield Bond ETF stock for Q4 2018, down 45% quarter-over-quarter.
- 24 funds opened new VanEck Fallen Angel High Yield Bond ETF positions in Q4 2018 and 28 closed out, a net change of -4 holders.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q4 2018 was CIBC Asset Management, an estimated $10.9M added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $42.5M sold.
Based on aggregated 13F filings for Q4 2018.