VanEck International High Yield Bond ETF
33 hedge funds and large institutions have $75.2M invested in VanEck International High Yield Bond ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
6% less funds holding
Funds holding: 35 → 33 (-2)
6.8% less ownership
Funds ownership: 57.85% → 51.05% (-6.8%)
15% less capital invested
Capital invested by funds: $88.3M → $75.2M (-$13M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.36M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.48M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$1.44M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$24.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$793K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$430K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$387K |
| 5 |
LPIC
LeJeune Puetz Investment Counsel
Traverse City,
Michigan
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PNAA
26
Pictet North America Advisors
Geneva 73,
Switzerland
| $221K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $167K | +$11.5K | +469 | +7% |
|
28
Morgan Stanley
New York
| $100K | -$16K | -654 | -14% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $54K | +$24 | +1 | +0% |
|
|
AIP
30
Ameritas Investment Partners
Lincoln,
Nebraska
| $28K | -$5.99K | -245 | -17% |
|
|
OAM
31
Oppenheimer Asset Management
New York
| $18K | +$18.4K | +752 | New |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$39.8K | -1,630 | -88% |
|
|
WI
33
WBI Investments
Red Bank,
New Jersey
| – | -$24.7M | -1,036,950 | Closed |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$793K | -33,298 | Closed |
|
|
AA
35
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$31K | -2,825 | Closed |
|
|
LPIC
36
LeJeune Puetz Investment Counsel
Traverse City,
Michigan
| – | -$155K | -1,075 | Closed |
|
IHY Hedge Fund Activity: Q1 2017 in Review
33 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck International High Yield Bond ETF (IHY) for Q1 2017, worth a combined $75.2M — down 15% from $88.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IHY and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 17 added.
The largest buyer was Jane Street, adding an estimated $3.36M. The largest seller was WBI Investments, exiting entirely with an estimated $24.7M sold.
- 33 institutional investors held VanEck International High Yield Bond ETF (IHY) as of Q1 2017, down from 35 in Q4 2016.
- Funds reported $75.2M of VanEck International High Yield Bond ETF stock for Q1 2017, down 15% quarter-over-quarter.
- 3 funds opened new VanEck International High Yield Bond ETF positions in Q1 2017 and 4 closed out, a net change of -1 holder.
- The largest VanEck International High Yield Bond ETF buyer in Q1 2017 was Jane Street, an estimated $3.36M added.
- The largest VanEck International High Yield Bond ETF seller in Q1 2017 was WBI Investments, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2017.