VanEck Emerging Markets High Yield Bond ETF
HYEM
30 hedge funds and large institutions have $134M invested in VanEck Emerging Markets High Yield Bond ETF in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
1.19% less ownership
Funds ownership: 61.83% → 60.64% (-1.2%)
3% less funds holding
Funds holding: 31 → 30 (-1)
16% less capital invested
Capital invested by funds: $159M → $134M (-$25.4M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$7.39M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$2.49M |
| 3 |
Jane Street
New York
|
+$2.07M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$711K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$631K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.61M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.48M |
| 4 |
AC
AFAM Capital
Austin,
Texas
|
-$4.75M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $15K | -$9.24K | -365 | -39% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $10K | -$6.08K | -240 | -37% |
|
28
Wells Fargo
San Francisco,
California
| $8K | +$7.67K | +303 | New |
|
|
PTC
29
Private Trust Company
Cleveland,
Ohio
| $5K | -$987 | -39 | -17% |
|
|
AIG
30
American International Group
New York
| $3.5K | +$2.94K | +116 | +483% |
|
|
CCWA
31
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
| – | -$378K | -14,992 | Closed |
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$251K | -9,953 | Closed |
|
|
MA
33
MUFG Americas
New York
| – | -$24K | -939 | Closed |
|
34
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -380 | Closed |
|
|
TFA
35
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -36 | Closed |
|
HYEM Hedge Fund Activity: Q4 2013 in Review
30 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2013, worth a combined $134M — down 16% from $159M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HYEM and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 13 added.
The largest buyer was City National Bank, adding an estimated $7.39M. The largest seller was Envestnet Asset Management, cutting an estimated $12.4M.
- 30 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2013, down from 31 in Q3 2013.
- Funds reported $134M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2013, down 16% quarter-over-quarter.
- 4 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2013 and 5 closed out, a net change of -1 holder.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2013 was City National Bank, an estimated $7.39M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2013 was Envestnet Asset Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2013.