VanEck Fallen Angel High Yield Bond ETF
ANGL
8 hedge funds and large institutions have $3.58M invested in VanEck Fallen Angel High Yield Bond ETF in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
4.76% less ownership
Funds ownership: 26.3% → 21.53% (-4.8%)
11% less funds holding
Funds holding: 9 → 8 (-1)
19% less capital invested
Capital invested by funds: $4.4M → $3.58M (-$819K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$37K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$467K |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$299K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$66K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$8.97K |
| 5 |
FBT
Founders Bank & Trust
Grand Rapids,
Michigan
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $2.37M | -$467K | -16,668 | -16% |
|
|
BCM
2
Bluefin Capital Management
New York
| $736K | -$299K | -10,651 | -29% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $206K | +$37K | +1,319 | +22% |
|
|
PIM
4
Parasol Investment Management
Westmont,
Illinois
| $111K | – | – | – |
|
|
MFS
5
MSI Financial Services
Springfield,
Massachusetts
| $83K | -$8.97K | -320 | -10% |
|
6
Ameriprise
Minneapolis,
Minnesota
| $55K | – | – | – |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $21K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $5K | +$5.21K | +186 | New |
|
|
U
9
UBS
Zurich,
Switzerland
| – | -$66K | -2,341 | Closed |
|
|
FBT
10
Founders Bank & Trust
Grand Rapids,
Michigan
| – | -$3K | -100 | Closed |
|
ANGL Hedge Fund Activity: Q3 2014 in Review
8 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q3 2014, worth a combined $3.58M — down 19% from $4.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ANGL and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Bank of America, adding an estimated $37K. The largest seller was Morgan Stanley, cutting an estimated $467K.
- 8 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q3 2014, down from 9 in Q2 2014.
- Funds reported $3.58M of VanEck Fallen Angel High Yield Bond ETF stock for Q3 2014, down 19% quarter-over-quarter.
- 1 fund opened new VanEck Fallen Angel High Yield Bond ETF positions in Q3 2014 and 2 closed out, a net change of -1 holder.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q3 2014 was Bank of America, an estimated $37K added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q3 2014 was Morgan Stanley, an estimated $467K sold.
Based on aggregated 13F filings for Q3 2014.