VanEck Emerging Markets High Yield Bond ETF
HYEM
58 hedge funds and large institutions have $161M invested in VanEck Emerging Markets High Yield Bond ETF in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4.11% more ownership
Funds ownership: 58.99% → 63.09% (+4.1%)
4% more funds holding
Funds holding: 56 → 58 (+2)
2% less capital invested
Capital invested by funds: $165M → $161M (-$3.96M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.2M |
| 2 |
Jane Street
New York
|
+$5.34M |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.31M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.06M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$8.47M |
| 2 |
QI
QS Investors
New York
|
-$8.21M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.87M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.25M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$486K |
HYEM Hedge Fund Activity: Q4 2018 in Review
58 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2018, worth a combined $161M — down 2.4% from $165M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HYEM positions and 9 closed out — a net gain of 3 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $10.2M. The largest seller was WBI Investments, exiting entirely with an estimated $8.47M sold.
- 58 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2018, up from 56 in Q3 2018.
- Funds reported $161M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2018, down 2.4% quarter-over-quarter.
- 12 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2018 and 9 closed out, a net change of +3 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2018 was Royal Bank of Canada, an estimated $10.2M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2018 was WBI Investments, an estimated $8.47M sold.
Based on aggregated 13F filings for Q4 2018.