VanEck International High Yield Bond ETF
30 hedge funds and large institutions have $88M invested in VanEck International High Yield Bond ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
37% more capital invested
Capital invested by funds: $64.3M → $88M (+$23.8M)
11.75% more ownership
Funds ownership: 30.91% → 42.66% (+12%)
3% more funds holding
Funds holding: 29 → 30 (+1)
55% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $24.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
+$25M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.62M |
| 3 |
Jane Street
New York
|
+$1.5M |
| 4 |
MWM
Modera Wealth Management
Westwood,
New Jersey
|
+$1.43M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.72M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$853K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$265K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$91.7K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$77.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | +$4.6K | +168 | +90% |
|
27
AllianceBernstein
Nashville,
Tennessee
| $6K | – | – | – |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $6K | – | – | – |
|
|
PSI
29
Pinnacle Summer Investments
Fairfax,
Virginia
| $3K | – | – | – |
|
|
AIG
30
American International Group
New York
| $423 | -$219 | -8 | -33% |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$853K | -30,366 | Closed |
|
32
Creative Planning
Overland Park,
Kansas
| – | -$7K | -238 | Closed |
|
IHY Hedge Fund Activity: Q3 2014 in Review
30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VanEck International High Yield Bond ETF (IHY) for Q3 2014, worth a combined $88M — up 37% from $64.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IHY positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Pictet North America Advisors, opening a new position worth an estimated $25M. The largest seller was Wells Fargo, cutting an estimated $1.72M.
- 30 institutional investors held VanEck International High Yield Bond ETF (IHY) as of Q3 2014, up from 29 in Q2 2014.
- Funds reported $88M of VanEck International High Yield Bond ETF stock for Q3 2014, up 37% quarter-over-quarter.
- 4 funds opened new VanEck International High Yield Bond ETF positions in Q3 2014 and 2 closed out, a net change of +2 holders.
- The largest VanEck International High Yield Bond ETF buyer in Q3 2014 was Pictet North America Advisors, an estimated $25M added.
- The largest VanEck International High Yield Bond ETF seller in Q3 2014 was Wells Fargo, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2014.