VanEck Fallen Angel High Yield Bond ETF
ANGL
9 hedge funds and large institutions have $4.4M invested in VanEck Fallen Angel High Yield Bond ETF in 2014 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
15.55% less ownership
Funds ownership: 41.85% → 26.3% (-16%)
18% less funds holding
Funds holding: 11 → 9 (-2)
36% less capital invested
Capital invested by funds: $6.87M → $4.4M (-$2.46M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$173K |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$90.9K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$58.4K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$2.35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$570K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $2.88M | +$173K | +6,179 | +6% |
|
|
BCM
2
Bluefin Capital Management
New York
| $1M | -$2.35M | -84,080 | -69% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $172K | +$3.24K | +116 | +2% |
|
|
PIM
4
Parasol Investment Management
Westmont,
Illinois
| $113K | – | – | – |
|
|
MFS
5
MSI Financial Services
Springfield,
Massachusetts
| $94K | +$90.9K | +3,253 | +5,422% |
|
|
U
6
UBS
Zurich,
Switzerland
| $66K | +$58.4K | +2,089 | +829% |
|
7
Ameriprise
Minneapolis,
Minnesota
| $56K | – | – | – |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $22K | – | – | – |
|
|
FBT
9
Founders Bank & Trust
Grand Rapids,
Michigan
| $3K | – | – | – |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$570K | -20,763 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$3K | -100 | Closed |
|
ANGL Hedge Fund Activity: Q2 2014 in Review
9 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q2 2014, worth a combined $4.4M — down 36% from $6.87M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ANGL and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $173K. The largest seller was Bluefin Capital Management, cutting an estimated $2.35M.
- 9 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q2 2014, down from 11 in Q1 2014.
- Funds reported $4.4M of VanEck Fallen Angel High Yield Bond ETF stock for Q2 2014, down 36% quarter-over-quarter.
- 0 funds opened new VanEck Fallen Angel High Yield Bond ETF positions in Q2 2014 and 2 closed out, a net change of -2 holders.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q2 2014 was Morgan Stanley, an estimated $173K added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q2 2014 was Bluefin Capital Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q2 2014.