VanEck Fallen Angel High Yield Bond ETF
ANGL
198 hedge funds and large institutions have $1.5B invested in VanEck Fallen Angel High Yield Bond ETF in 2020 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 76 increasing their positions, 41 reducing their positions, and 18 closing their positions.
283% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 18
85% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 41
53% more capital invested
Capital invested by funds: $981M → $1.5B (+$519M)
34% more funds holding
Funds holding: 148 → 198 (+50)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2.37% more ownership
Funds ownership: 66.68% → 69.05% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$115M |
| 2 |
Morgan Stanley
New York
|
+$35.1M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$32M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$31.7M |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$74.2M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$21.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$13.5M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$9.84M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$9.77M |
ANGL Hedge Fund Activity: Q2 2020 in Review
198 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in VanEck Fallen Angel High Yield Bond ETF (ANGL) for Q2 2020, worth a combined $1.5B — up 53% from $981M a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new ANGL positions and 18 closed out — a net gain of 51 holders — while 76 added to existing stakes and 41 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $115M. The largest seller was AssetMark Inc, cutting an estimated $74.2M.
- 198 institutional investors held VanEck Fallen Angel High Yield Bond ETF (ANGL) as of Q2 2020, up from 148 in Q1 2020.
- Funds reported $1.5B of VanEck Fallen Angel High Yield Bond ETF stock for Q2 2020, up 53% quarter-over-quarter.
- 69 funds opened new VanEck Fallen Angel High Yield Bond ETF positions in Q2 2020 and 18 closed out, a net change of +51 holders.
- The largest VanEck Fallen Angel High Yield Bond ETF buyer in Q2 2020 was Eaton Vance Management, an estimated $115M added.
- The largest VanEck Fallen Angel High Yield Bond ETF seller in Q2 2020 was AssetMark Inc, an estimated $74.2M sold.
Based on aggregated 13F filings for Q2 2020.