VanEck Emerging Markets High Yield Bond ETF
HYEM
38 hedge funds and large institutions have $125M invested in VanEck Emerging Markets High Yield Bond ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 9 closing their positions.
9.91% less ownership
Funds ownership: 64.18% → 54.27% (-9.9%)
12% less funds holding
Funds holding: 43 → 38 (-5)
24% less capital invested
Capital invested by funds: $165M → $125M (-$40.1M)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
+$3.91M |
| 2 |
AC
AFAM Capital
Austin,
Texas
|
+$2.16M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.91M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$538K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$26.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.5M |
| 3 |
Jane Street
New York
|
-$3.98M |
| 4 |
QI
QS Investors
New York
|
-$3.43M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.91M |
HYEM Hedge Fund Activity: Q1 2016 in Review
38 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q1 2016, worth a combined $125M — down 24% from $165M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HYEM and 4 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Advisory Alpha, adding an estimated $3.91M. The largest seller was Envestnet Asset Management, cutting an estimated $26.3M.
- 38 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q1 2016, down from 43 in Q4 2015.
- Funds reported $125M of VanEck Emerging Markets High Yield Bond ETF stock for Q1 2016, down 24% quarter-over-quarter.
- 4 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q1 2016 and 9 closed out, a net change of -5 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q1 2016 was Advisory Alpha, an estimated $3.91M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q1 2016 was Envestnet Asset Management, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2016.