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VanEck Fallen Angel High Yield Bond ETF

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.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 115110 (-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: 74 (-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

Holders
110
Holders Change
-5
Holders Change %
-4.35%
% of All Funds
2.45%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
24
Increased
26
Reduced
53
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MG
1
Mather Group
Illinois
$42.3M +$1.36M +48,788 +3%
LTFS
2
Ladenburg Thalmann Financial Services
Florida
$32.8M -$1.66M -59,495 -5%
CPO
3
Cerity Partners OCIO
New York
$26.4M -$17M -609,381 -38%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$17.3M -$28.8M -1,033,581 -61%
Morgan Stanley
5
Morgan Stanley
New York
$17.1M -$4.28M -153,722 -19%
LPL Financial
6
LPL Financial
California
$15.1M +$1.11M +39,836 +8%
OFG
7
Oxford Financial Group
Indiana
$14.9M +$1.81M +64,992 +13%
PCM
8
Peak Capital Management
Colorado
$14.5M -$5.74M -206,157 -27%
TC
9
Trilogy Capital
California
$13.6M -$636K -22,860 -4%
Citadel Advisors
10
Citadel Advisors
Florida
$11.3M +$9.18M +329,757 +350%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$10.4M +$10.9M +391,671 New
RWP
12
RWA Wealth Partners
Massachusetts
$10.3M -$661K -23,741 -6%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$8.15M -$4.86M -174,656 -36%
UBS Group
14
UBS Group
Switzerland
$7.18M -$3.25M -116,641 -30%
CCP
15
Cardan Capital Partners
Colorado
$6.89M +$2.45M +88,175 +52%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$6.48M -$5.89M -211,447 -47%
SS
17
Simplicity Solutions
Minnesota
$6.25M -$30.3M -1,088,196 -82%
AWM
18
AE Wealth Management
Kansas
$6.24M -$34M -1,222,328 -84%
Bank of America
19
Bank of America
North Carolina
$6.24M -$8.09M -290,548 -55%
Jane Street
20
Jane Street
New York
$4.91M -$1.06M -38,089 -17%
Wells Fargo
21
Wells Fargo
California
$4.41M +$2.02M +72,697 +79%
FF
22
Fluent Financial
Texas
$4.08M +$1.58M +56,645 +59%
GFPC
23
Global Financial Private Capital
Florida
$3.93M -$1.09M -39,129 -21%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$3.81M -$348K -12,514 -8%
Ameriprise
25
Ameriprise
Minnesota
$3.67M +$207K +7,434 +6%

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.