VanEck Emerging Markets High Yield Bond ETF
HYEM
79 hedge funds and large institutions have $218M invested in VanEck Emerging Markets High Yield Bond ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 13 closing their positions.
1.85% less ownership
Funds ownership: 59.28% → 57.43% (-1.8%)
6% less funds holding
Funds holding: 84 → 79 (-5)
10% less capital invested
Capital invested by funds: $242M → $218M (-$24.5M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13.1M |
| 2 |
CCFCSB
Cape Cod Five Cents Savings Bank
Orleans,
Massachusetts
|
+$3.52M |
| 3 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$1.82M |
| 4 |
JP Morgan Chase
New York
|
+$1.62M |
| 5 |
Citigroup
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$12.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.7M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$8.22M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.84M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.44M |
HYEM Hedge Fund Activity: Q3 2023 in Review
79 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q3 2023, worth a combined $218M — down 10% from $242M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HYEM and 8 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 24 added.
The largest buyer was Jane Street, opening a new position worth an estimated $13.1M. The largest seller was Cambria Investment Management, cutting an estimated $12.8M.
- 79 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q3 2023, down from 84 in Q2 2023.
- Funds reported $218M of VanEck Emerging Markets High Yield Bond ETF stock for Q3 2023, down 10% quarter-over-quarter.
- 8 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q3 2023 and 13 closed out, a net change of -5 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q3 2023 was Jane Street, an estimated $13.1M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q3 2023 was Cambria Investment Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2023.