VanEck Emerging Markets High Yield Bond ETF
HYEM
49 hedge funds and large institutions have $227M invested in VanEck Emerging Markets High Yield Bond ETF in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more funds holding
Funds holding: 39 → 49 (+10)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
5% more capital invested
Capital invested by funds: $216M → $227M (+$11.1M)
1.02% more ownership
Funds ownership: 69.51% → 70.53% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.12M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$4.95M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$1.77M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.76M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
-$4.79M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$3.75M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.07M |
| 4 |
AC
AFAM Capital
Austin,
Texas
|
-$1.63M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$24K | -990 | Closed |
|
52
Mariner
Overland Park,
Kansas
| – | -$15K | -600 | Closed |
|
HYEM Hedge Fund Activity: Q4 2016 in Review
49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2016, worth a combined $227M — up 5.2% from $216M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HYEM positions and 4 closed out — a net gain of 10 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $6.12M. The largest seller was Advisory Alpha, cutting an estimated $4.79M.
- 49 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2016, up from 39 in Q3 2016.
- Funds reported $227M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2016, up 5.2% quarter-over-quarter.
- 14 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2016 and 4 closed out, a net change of +10 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2016 was Royal Bank of Canada, an estimated $6.12M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2016 was Advisory Alpha, an estimated $4.79M sold.
Based on aggregated 13F filings for Q4 2016.