VanEck Emerging Markets High Yield Bond ETF
HYEM
31 hedge funds and large institutions have $159M invested in VanEck Emerging Markets High Yield Bond ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 4 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
12% more capital invested
Capital invested by funds: $142M → $159M (+$17.5M)
11% more funds holding
Funds holding: 28 → 31 (+3)
0.68% less ownership
Funds ownership: 62.51% → 61.83% (-0.68%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$13.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.41M |
| 3 |
Morgan Stanley
New York
|
+$1.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.59M |
| 5 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.61M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$3.44M |
| 3 |
FAAM
First Allied Asset Management
San Diego,
California
|
-$574K |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$529K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | +$10.9K | +432 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $10K | +$9.56K | +380 | New |
|
|
PTC
28
Private Trust Company
Cleveland,
Ohio
| $6K | +$1.13K | +45 | +24% |
|
29
Bank of America
Charlotte,
North Carolina
| $2K | -$6.24K | -248 | -73% |
|
|
TFA
30
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | +$906 | +36 | New |
|
|
AIG
31
American International Group
New York
| $605 | – | – | – |
|
|
FAAM
32
First Allied Asset Management
San Diego,
California
| – | -$574K | -22,881 | Closed |
|
|
SAM
33
Shamrock Asset Management
Dallas,
Texas
| – | -$529K | -21,167 | Closed |
|
|
34
Nomura Holdings
Tokyo,
Japan
| – | -$226K | -9,022 | Closed |
|
|
HI
35
Hudock Inc
Williamsport,
Pennsylvania
| – | -$5K | -197 | Closed |
|
HYEM Hedge Fund Activity: Q3 2013 in Review
31 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q3 2013, worth a combined $159M — up 12% from $142M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HYEM positions and 4 closed out — a net gain of 4 holders — while 15 added to existing stakes and 7 trimmed.
The largest buyer was City National Bank, opening a new position worth an estimated $13.8M. The largest seller was Envestnet Asset Management, cutting an estimated $4.61M.
- 31 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q3 2013, up from 28 in Q2 2013.
- Funds reported $159M of VanEck Emerging Markets High Yield Bond ETF stock for Q3 2013, up 12% quarter-over-quarter.
- 8 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q3 2013 and 4 closed out, a net change of +4 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q3 2013 was City National Bank, an estimated $13.8M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q3 2013 was Envestnet Asset Management, an estimated $4.61M sold.
Based on aggregated 13F filings for Q3 2013.