VanEck Emerging Markets High Yield Bond ETF
HYEM
64 hedge funds and large institutions have $283M invested in VanEck Emerging Markets High Yield Bond ETF in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 13 closing their positions.
18% more capital invested
Capital invested by funds: $240M → $283M (+$43.1M)
0.25% less ownership
Funds ownership: 66.52% → 66.27% (-0.25%)
7% less funds holding
Funds holding: 69 → 64 (-5)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$13.8M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$5.04M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.79M |
| 5 |
N
Natixis
Paris,
France
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.43M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.52M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.94M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.22M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
76
QS Investors
New York
| – | -$11K | -465 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$6K | -260 | Closed |
|
HYEM Hedge Fund Activity: Q3 2020 in Review
64 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q3 2020, worth a combined $283M — up 18% from $240M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HYEM and 8 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 18 added.
The largest buyer was Jane Street, adding an estimated $24.2M. The largest seller was Envestnet Asset Management, cutting an estimated $4.43M.
- 64 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q3 2020, down from 69 in Q2 2020.
- Funds reported $283M of VanEck Emerging Markets High Yield Bond ETF stock for Q3 2020, up 18% quarter-over-quarter.
- 8 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q3 2020 and 13 closed out, a net change of -5 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q3 2020 was Jane Street, an estimated $24.2M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q3 2020 was Envestnet Asset Management, an estimated $4.43M sold.
Based on aggregated 13F filings for Q3 2020.