VanEck Emerging Markets High Yield Bond ETF
HYEM
76 hedge funds and large institutions have $198M invested in VanEck Emerging Markets High Yield Bond ETF in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 19 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
2.68% less ownership
Funds ownership: 57.43% → 54.75% (-2.7%)
4% less funds holding
Funds holding: 79 → 76 (-3)
9% less capital invested
Capital invested by funds: $218M → $198M (-$20.4M)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Fortress Wealth Management
Culver City,
California
|
+$3.23M |
| 2 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$2.69M |
| 3 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$2.35M |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$2.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.7M |
| 2 |
Jane Street
New York
|
-$12.9M |
| 3 |
KWA
Kellett Wealth Advisors
Cincinnati,
Ohio
|
-$4.66M |
| 4 |
CCFCSB
Cape Cod Five Cents Savings Bank
Orleans,
Massachusetts
|
-$3.31M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.76M |
HYEM Hedge Fund Activity: Q4 2023 in Review
76 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in VanEck Emerging Markets High Yield Bond ETF (HYEM) for Q4 2023, worth a combined $198M — down 9.3% from $218M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HYEM and 17 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Fortress Wealth Management, opening a new position worth an estimated $3.23M. The largest seller was Royal Bank of Canada, cutting an estimated $16.7M.
- 76 institutional investors held VanEck Emerging Markets High Yield Bond ETF (HYEM) as of Q4 2023, down from 79 in Q3 2023.
- Funds reported $198M of VanEck Emerging Markets High Yield Bond ETF stock for Q4 2023, down 9.3% quarter-over-quarter.
- 17 funds opened new VanEck Emerging Markets High Yield Bond ETF positions in Q4 2023 and 19 closed out, a net change of -2 holders.
- The largest VanEck Emerging Markets High Yield Bond ETF buyer in Q4 2023 was Fortress Wealth Management, an estimated $3.23M added.
- The largest VanEck Emerging Markets High Yield Bond ETF seller in Q4 2023 was Royal Bank of Canada, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2023.