iShares JPMorgan EM High Yield Bond ETF
EMHY
33 hedge funds and large institutions have $31.6M invested in iShares JPMorgan EM High Yield Bond ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 8 closing their positions.
3% less funds holding
Funds holding: 34 → 33 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
27% less capital invested
Capital invested by funds: $43.1M → $31.6M (-$11.5M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.36M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$2.51M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$569K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$323K |
| 5 |
CPS
Counsel Portfolio Services
Mississauga,
Ontario, Canada
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.64M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$6.09M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.59M |
| 4 |
Morgan Stanley
New York
|
-$2.01M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $28K | -$398K | -8,822 | -94% |
|
|
HI
27
Hudock Inc
Williamsport,
Pennsylvania
| $24K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $14K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $13K | +$12.7K | +281 | New |
|
31
US Bancorp
Minneapolis,
Minnesota
| $12K | – | – | – |
|
|
AAM
32
Advisors Asset Management
Monument,
Colorado
| $4K | – | – | – |
|
|
33
Jane Street
New York
| – | -$8.64M | -191,878 | Closed |
|
|
FTUS
34
Flow Traders U.S.
New York
| – | -$6.09M | -135,087 | Closed |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$2.59M | -57,556 | Closed |
|
36
Stifel Financial
St. Louis,
Missouri
| – | -$441K | -9,790 | Closed |
|
|
DADC
37
D.A. Davidson & Co
Great Falls,
Montana
| – | -$2K | -46 | Closed |
|
|
AIA
38
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$2K | -43 | Closed |
|
EMHY Hedge Fund Activity: Q1 2016 in Review
33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM High Yield Bond ETF (EMHY) for Q1 2016, worth a combined $31.6M — down 27% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EMHY and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 5 added.
The largest buyer was Envestnet Asset Management, adding an estimated $6.36M. The largest seller was Jane Street, exiting entirely with an estimated $8.64M sold.
- 33 institutional investors held iShares JPMorgan EM High Yield Bond ETF (EMHY) as of Q1 2016, down from 34 in Q4 2015.
- Funds reported $31.6M of iShares JPMorgan EM High Yield Bond ETF stock for Q1 2016, down 27% quarter-over-quarter.
- 7 funds opened new iShares JPMorgan EM High Yield Bond ETF positions in Q1 2016 and 8 closed out, a net change of -1 holder.
- The largest iShares JPMorgan EM High Yield Bond ETF buyer in Q1 2016 was Envestnet Asset Management, an estimated $6.36M added.
- The largest iShares JPMorgan EM High Yield Bond ETF seller in Q1 2016 was Jane Street, an estimated $8.64M sold.
Based on aggregated 13F filings for Q1 2016.