VanEck Emerging Markets High Yield Bond ETF
HYEM
58 hedge funds and large institutions have $202M invested in VanEck Emerging Markets High Yield Bond ETF in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $193M → $202M (+$8.54M)
1.88% less ownership
Funds ownership: 67.75% → 65.88% (-1.9%)
5% less funds holding
Funds holding: 61 → 58 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.9M |
| 2 |
Jane Street
New York
|
+$9.86M |
| 3 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$4.71M |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$3.39M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$7.14M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.3M |
| 3 |
N
Natixis
Paris,
France
|
-$5.63M |
| 4 |
AssetMark Inc
Concord,
California
|
-$1.4M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$408K |
HYEM Hedge Fund Activity: Q3 2019 in Review
58 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q3 2019, worth a combined $202M — up 4.4% from $193M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HYEM and 10 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 25 added.
The largest buyer was Royal Bank of Canada, adding an estimated $12.9M. The largest seller was Cambria Investment Management, cutting an estimated $7.14M.
- 58 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q3 2019, down from 61 in Q2 2019.
- Funds reported $202M of VanEck Emerging Markets High Yield Bond ETF stock for Q3 2019, up 4.4% quarter-over-quarter.
- 10 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q3 2019 and 12 closed out, a net change of -2 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q3 2019 was Royal Bank of Canada, an estimated $12.9M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q3 2019 was Cambria Investment Management, an estimated $7.14M sold.
Based on aggregated 13F filings for Q3 2019.