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VanEck Emerging Markets High Yield Bond ETF

43 hedge funds and large institutions have $165M invested in VanEck Emerging Markets High Yield Bond ETF in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 22 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less funds holding

Funds holding: 4843 (-5)

10.9% less ownership

Funds ownership: 75.09%64.18% (-11%)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

39% less capital invested

Capital invested by funds: $271M → $165M (-$106M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

64% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 22

Holders
43
Holders Change
-5
Holders Change %
-10.42%
% of All Funds
1.13%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
8
Reduced
22
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$33.3M +$34.2M +1,501,872 +50,432%
QI
2
QS Investors
New York
$29M -$5.5M -241,769 -16%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$26.5M -$27M -1,186,608 -50%
Ameriprise
4
Ameriprise
Minnesota
$19.7M -$25.4M -1,115,230 -56%
LPL Financial
5
LPL Financial
California
$12.2M -$908K -39,888 -7%
Wells Fargo
6
Wells Fargo
California
$11.2M -$5.72M -251,440 -33%
AC
7
AFAM Capital
Texas
$4.48M -$6.13M -269,640 -57%
Jane Street
8
Jane Street
New York
$3.98M +$435K +19,123 +12%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$3.32M -$3.51M -154,409 -51%
HIM
10
Hillsdale Investment Management
Ontario, Canada
$3.19M
FIM
11
Freedom Investment Management
Connecticut
$2.94M +$2.99M +131,408 +10,372%
CIM
12
Cambria Investment Management
California
$2.71M -$70.4K -3,094 -2%
GI
13
Gradient Investments
Minnesota
$2.29M +$53.2K +2,339 +2%
GC
14
Guggenheim Capital
Illinois
$1.99M -$18.7K -824 -0.9%
Morgan Stanley
15
Morgan Stanley
New York
$1.91M -$5.77M -253,431 -75%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$974K +$1M +44,004 New
WCM
17
Weatherstone Capital Management
Colorado
$856K -$1.08M -47,426 -55%
BCM
18
Bluefin Capital Management
New York
$749K -$278K -12,214 -27%
RTS
19
Round Table Services
New Jersey
$666K
IA
20
IFP Advisors
Florida
$538K +$553K +24,305 New
CWM
21
Concert Wealth Management
California
$531K -$254K -11,144 -32%
FAAS
22
First Allied Advisory Services
California
$403K -$438K -19,230 -51%
AA
23
Advisory Alpha
Michigan
$362K +$343K +15,096 +1,172%
CCWA
24
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$312K -$310K -13,647 -49%
Bank of America
25
Bank of America
North Carolina
$105K +$34.9K +1,533 +47%

HYEM Hedge Fund Activity: Q4 2015 in Review

43 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2015, worth a combined $165M — down 39% from $271M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of HYEM and 7 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 8 added.

The largest buyer was Royal Bank of Canada, adding an estimated $34.2M. The largest seller was Envestnet Asset Management, cutting an estimated $27M.

  • 43 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2015, down from 48 in Q3 2015.
  • Funds reported $165M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2015, down 39% quarter-over-quarter.
  • 7 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2015 and 11 closed out, a net change of -4 holders.
  • The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2015 was Royal Bank of Canada, an estimated $34.2M added.
  • The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2015 was Envestnet Asset Management, an estimated $27M sold.

Based on aggregated 13F filings for Q4 2015.