VanEck Fallen Angel High Yield Bond ETF
ANGL
148 hedge funds and large institutions have $981M invested in VanEck Fallen Angel High Yield Bond ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 58 reducing their positions, and 41 closing their positions.
27% more capital invested
Capital invested by funds: $775M → $981M (+$207M)
9.69% more ownership
Funds ownership: 56.99% → 66.68% (+9.7%)
9% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 58
13% less funds holding
Funds holding: 170 → 148 (-22)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
37% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$457M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$28.2M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$27.3M |
| 4 |
AssetMark Inc
Concord,
California
|
+$10M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$36.7M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$17.4M |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$16.7M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$13.1M |
| 5 |
LFA
Legend Financial Advisors
Pittsburgh,
Pennsylvania
|
-$12.8M |
ANGL Hedge Fund Activity: Q1 2020 in Review
148 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q1 2020, worth a combined $981M — up 27% from $775M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of ANGL and 26 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 53 added.
The largest buyer was Bank of America, adding an estimated $457M. The largest seller was Cardan Capital Partners, cutting an estimated $36.7M.
- 148 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q1 2020, down from 170 in Q4 2019.
- Funds reported $981M of VanEck Fallen Angel High Yield Bond ETF stock for Q1 2020, up 27% quarter-over-quarter.
- 26 funds opened new VanEck Fallen Angel High Yield Bond ETF positions in Q1 2020 and 41 closed out, a net change of -15 holders.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q1 2020 was Bank of America, an estimated $457M added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q1 2020 was Cardan Capital Partners, an estimated $36.7M sold.
Based on aggregated 13F filings for Q1 2020.