VanEck Emerging Markets High Yield Bond ETF
HYEM
86 hedge funds and large institutions have $253M invested in VanEck Emerging Markets High Yield Bond ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 10 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 85 → 86 (+1)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
1% less capital invested
Capital invested by funds: $256M → $253M (-$3.16M)
1.07% less ownership
Funds ownership: 60.14% → 59.07% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$13.8M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$4.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.47M |
| 4 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$1.95M |
| 5 |
ACM
Ascendant Capital Management
Los Angeles,
California
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11M |
| 3 |
FA
Fermata Advisors
Sonoma,
California
|
-$3.72M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.39M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$1.67M |
HYEM Hedge Fund Activity: Q1 2023 in Review
86 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q1 2023, worth a combined $253M — down 1.2% from $256M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HYEM positions and 10 closed out — a net gain of 2 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was Cambria Investment Management, adding an estimated $13.8M. The largest seller was Royal Bank of Canada, cutting an estimated $13.7M.
- 86 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q1 2023, up from 85 in Q4 2022.
- Funds reported $253M of VanEck Emerging Markets High Yield Bond ETF stock for Q1 2023, down 1.2% quarter-over-quarter.
- 12 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q1 2023 and 10 closed out, a net change of +2 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q1 2023 was Cambria Investment Management, an estimated $13.8M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q1 2023 was Royal Bank of Canada, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2023.