VanEck Emerging Markets High Yield Bond ETF
HYEM
55 hedge funds and large institutions have $164M invested in VanEck Emerging Markets High Yield Bond ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.5% less ownership
Funds ownership: 59.39% → 58.89% (-0.5%)
11% less funds holding
Funds holding: 62 → 55 (-7)
17% less capital invested
Capital invested by funds: $199M → $164M (-$34.5M)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$5.95M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.86M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.09M |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.63M |
| 5 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$24.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.17M |
| 3 |
Jane Street
New York
|
-$4.6M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$3.32M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.67M |
HYEM Hedge Fund Activity: Q3 2018 in Review
55 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q3 2018, worth a combined $164M — down 17% from $199M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HYEM and 4 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was WBI Investments, adding an estimated $5.95M. The largest seller was AssetMark Inc, cutting an estimated $24.1M.
- 55 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q3 2018, down from 62 in Q2 2018.
- Funds reported $164M of VanEck Emerging Markets High Yield Bond ETF stock for Q3 2018, down 17% quarter-over-quarter.
- 4 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q3 2018 and 11 closed out, a net change of -7 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q3 2018 was WBI Investments, an estimated $5.95M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q3 2018 was AssetMark Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2018.