VanEck Emerging Markets High Yield Bond ETF
HYEM
38 hedge funds and large institutions have $278M invested in VanEck Emerging Markets High Yield Bond ETF in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
9% more funds holding
Funds holding: 35 → 38 (+3)
2.93% less ownership
Funds ownership: 74.86% → 71.92% (-2.9%)
14% less capital invested
Capital invested by funds: $325M → $278M (-$46.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.37M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.34M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$1.29M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$820K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
-$14.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.25M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.22M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$1M |
HYEM Hedge Fund Activity: Q4 2014 in Review
38 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2014, worth a combined $278M — down 14% from $325M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HYEM positions and 6 closed out — a net gain of 4 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Ameriprise, adding an estimated $7.37M. The largest seller was City National Bank, cutting an estimated $14.5M.
- 38 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2014, up from 35 in Q3 2014.
- Funds reported $278M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2014, down 14% quarter-over-quarter.
- 10 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2014 and 6 closed out, a net change of +4 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2014 was Ameriprise, an estimated $7.37M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2014 was City National Bank, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2014.