VanEck Emerging Markets High Yield Bond ETF
HYEM
29 hedge funds and large institutions have $221M invested in VanEck Emerging Markets High Yield Bond ETF in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
65% more capital invested
Capital invested by funds: $134M → $221M (+$87.4M)
39.21% more ownership
Funds ownership: 60.64% → 99.86% (+39%)
3% less funds holding
Funds holding: 30 → 29 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$35.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.9M |
| 3 |
AC
AFAM Capital
Austin,
Texas
|
+$6.47M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$6.25M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.96M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$2.46M |
| 3 |
Morgan Stanley
New York
|
-$1.52M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $4K | -$25.8K | -1,027 | -87% |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$67.9K | -2,700 | -96% |
|
|
AIG
28
American International Group
New York
| $2.99K | -$604 | -24 | -17% |
|
|
TCM
29
Tradewinds Capital Management
Bellingham,
Washington
| $1K | +$503 | +20 | New |
|
|
30
Jane Street
New York
| – | -$3.96M | -158,125 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$2.46M | -98,405 | Closed |
|
|
BCM
32
Bluefin Capital Management
New York
| – | -$1.46M | -58,310 | Closed |
|
|
U
33
UBS
Zurich,
Switzerland
| – | -$29K | -1,162 | Closed |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$16K | -642 | Closed |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| – | -$10K | -413 | Closed |
|
HYEM Hedge Fund Activity: Q1 2014 in Review
29 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q1 2014, worth a combined $221M — up 65% from $134M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HYEM and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 14 added.
The largest buyer was Ameriprise, adding an estimated $35.9M. The largest seller was Jane Street, exiting entirely with an estimated $3.96M sold.
- 29 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q1 2014, down from 30 in Q4 2013.
- Funds reported $221M of VanEck Emerging Markets High Yield Bond ETF stock for Q1 2014, up 65% quarter-over-quarter.
- 5 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q1 2014 and 6 closed out, a net change of -1 holder.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q1 2014 was Ameriprise, an estimated $35.9M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q1 2014 was Jane Street, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2014.