VanEck Fallen Angel High Yield Bond

ANGL • NASDAQ

VanEck Fallen Angel High Yield Bond is an exchange-traded fund on NASDAQ. As of Q3 2025, 318 institutional investors hold shares in this ETF, with total holdings valued at $2.2B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $612.3M.

Overview

Overview of institutional ownership in ANGL as of Q3 2025

All Institutions

Institutions: 318
Value Held: $2.2B
Shares Held: 75.0M
Avg Position: $6.9M
Median Position: $871.3K

Hedge Funds

Hedge Funds: 6
Value Held: $9.8M
Shares Held: 328.4K
Avg Position: $1.6M
Median Position: $872.0K

Biggest Investors

Institutions with the largest positions in ANGL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$612.3M 0.05% of portfolio	20.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
L LPL Financial LLC Institution	-	$134.6M 0.04% of portfolio	4.5M shares	Q1 2015 Held for 10y 8m	$340.07B
Capital Investment Advisors, LLC RIA/Wealth	Connor Douglas Miller CIO	$99.0M 1.63% of portfolio	3.3M shares	Q4 2017 Held for 7y 11m	$6.1B
HPM Partners LLC RIA/Wealth	Kurt Patrick Miscinski President	$94.3M 0.15% of portfolio	3.2M shares	Q2 2023 Held for 2y 5m	$61.7B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$73.9M 0.00% of portfolio	2.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$47.9M 0.01% of portfolio	1.6M shares	Q4 2016 Held for 8y 11m	$488.50B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$46.1M 0.01% of portfolio	1.6M shares	Q4 2016 Held for 8y 11m	$433.11B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$43.7M 0.01% of portfolio	1.5M shares	Q2 2020 Held for 5y 5m	$620.51B
K Kensington Asset Management, LLC Institution	Brian Matthew Weisenberger Managing Partner	$40.5M 2.43% of portfolio	1.4M shares	Q2 2023 Held for 2y 5m	$1.7B
S Southern Farm Bureau Life Insurance Institution	-	$36.6M 4.32% of portfolio	1.2M shares	Q4 2020 Held for 4y 11m	$847.9M

Net Capital Flow

Institutional buying and selling activity for ANGL in Q3 2025

Traded: +$180.8M
Buyers: 172
Sellers: 130
Total Bought: +$259.4M
Total Sold: −$78.6M
Avg Position: $6.2M

Biggest Buyers

Institution	Net Bought	Current Position
L LPL Financial LLC Institution	+$39.7M +1.3M shares	$134.6M 4.5M shares
BANK OF AMERICA CORP /DE/ Institution	+$35.5M +1.2M shares	$612.3M 20.6M shares
Strategic Wealth Designers RIA/Wealth	+$19.7M +662.4K shares	$20.2M 680.2K shares
A Advisor Group Holdings, Inc. Institution	+$14.0M +472.1K shares	$17.7M 597.4K shares
Summit Financial, LLC RIA/Wealth	+$13.1M +440.4K shares	$13.1M 440.4K shares
Integrated Wealth Concepts LLC RIA/Wealth	+$10.5M +352.4K shares	$22.0M 738.6K shares
T Tower Research Capital LLC Institution	+$9.8M +329.2K shares	$9.8M 329.3K shares
Horizon Investments, LLC/SC Long Only Manager	+$7.5M +256.2K shares	$29.8M 1.0M shares
UBS Group AG Institution	+$7.2M +240.7K shares	$12.1M 406.5K shares
Live Oak Investment Partners RIA/Wealth	+$6.2M +230.5K shares	$6.2M 230.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
AMERIPRISE FINANCIAL INC Institution	−$18.7M −629.0K shares	$46.1M 1.6M shares
E EVERGREEN CAPITAL MANAGEMENT LLC Institution	−$7.6M −254.1K shares	$23.2M 779.5K shares
GOLDMAN SACHS GROUP INC Institution	−$7.5M −250.8K shares	$13.7M 459.7K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$6.9M −230.7K shares	$1.5M 52.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$4.4M −149.3K shares	$4.7M 156.7K shares
Essex LLC RIA/Wealth	−$3.5M −116.3K shares	$1.8M 61.2K shares
C Capitolis Liquid Global Markets LLC Private Equity	−$2.9M −97.5K shares	Sold Off 0 shares
Toroso Investments, LLC ETF Provider	−$2.4M −82.3K shares	$5.9M 199.3K shares
WRAPMANAGER INC RIA/Wealth	−$2.1M −70.8K shares	$6.8M 228.3K shares
Financial Advocates Investment Management RIA/Wealth	−$1.3M −45.2K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ANGL in Q3 2025

New Positions: 12
New Value: $17.6M
Exited Positions: 35
Exited Value: $14.3M

New Positions

Institution	Position Value
Summit Financial, LLC RIA/Wealth	$13.1M 440.4K shares
F Freestone Capital Holdings, LLC RIA/Wealth	$2.4M 82.0K shares
A Arrowpoint Investment Partners Pte. Ltd. Institution	$909.7K 30.6K shares
SMITHBRIDGE ASSET MANAGEMENT INC/DE RIA/Wealth	$788.0K 26.5K shares
SMITH, MOORE & CO. RIA/Wealth	$285.6K 9.6K shares
Strategic Wealth Partners, Ltd. RIA/Wealth	$48.3K 1.6K shares
Sontag Advisory, LLC RIA/Wealth	$14.9K 500.0 shares
T TRUST CO OF VERMONT Institution	$9.8K 330.0 shares
True Wealth Design, LLC RIA/Wealth	$7.4K 250.0 shares
P POM Investment Strategies, LLC Institution	$3.4K 116.0 shares

Exited Positions

Institution	Previous Position
C Capitolis Liquid Global Markets LLC Private Equity	$2.9M 97.5K shares
Financial Advocates Investment Management RIA/Wealth	$1.3M 45.2K shares
A ATRIA INVESTMENTS LLC Institution	$1.2M 41.5K shares
CFC Planning Co LLC Private Equity	$996.5K 34.0K shares
Hobart Private Capital, LLC RIA/Wealth	$969.5K 33.1K shares
H HRT FINANCIAL LLC Institution	$870.1K 29.7K shares
T TWO SIGMA SECURITIES, LLC Institution	$860.5K 29.4K shares
Q Quadrature Capital Ltd Institution	$518.6K 17.7K shares
Western Wealth Management, LLC RIA/Wealth	$516.2K 17.6K shares
P Prepared Retirement Institute LLC RIA/Wealth	$494.0K 16.9K shares

Options Activity

Institutions with the largest Call and Put options positions in ANGL as of Q3 2025

Call Positions: 1
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with ANGL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
GRT CAPITAL PARTNERS LLC RIA/Wealth	Richard Houghton Stowe President	7.89% $9.6M	323.5K shares	Q2 2020 Held for 5y 5m	$121.8M
S Southern Farm Bureau Life Insurance Institution	-	4.32% $36.6M	1.2M shares	Q4 2020 Held for 4y 11m	$847.9M
CYPRESS FINANCIAL PLANNING LLC RIA/Wealth	Jeffrey Russell Jones Owner	4.01% $13.1M	439.5K shares	Q2 2022 Held for 3y 5m	$325.7M
ACT Advisors, LLC. RIA/Wealth	Roger Wesley Johnson Managing Partner	3.44% $8.5M	285.6K shares	Q2 2025 Held for 5 months	$247.1M
Hershey Financial Advisers, LLC RIA/Wealth	Matthew Dawson Berry Partner	3.39% $4.0M	132.9K shares	Q2 2025 Held for 5 months	$116.7M
PEAK FINANCIAL ADVISORS LLC RIA/Wealth	Brian Timothy Sells CIO	3.37% $7.0M	236.4K shares	Q3 2024 Held for 1y 2m	$208.8M
Graney & King, LLC RIA/Wealth	Edward James King Partner	3.21% $4.6M	156.1K shares	Q4 2024 Held for 11 months	$144.5M
Live Oak Investment Partners RIA/Wealth	Michael Richard Hostick CCO	3.09% $6.2M	230.5K shares	Q3 2025 Held for 2 months	$202.0M
Melone Private Wealth, LLC RIA/Wealth	Louis J Melone Managing Partner	2.85% $6.3M	211.3K shares	Q4 2021 Held for 3y 11m	$220.7M
B BRASS TAX WEALTH MANAGEMENT, INC RIA/Wealth	Leah Christine Schulte Owner	2.67% $16.0M	537.3K shares	Q2 2024 Held for 1y 5m	$597.4M

Hedge Fund Spotlight

Discover hedge funds investing in ANGL

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in VanEck Fallen Angel High Yield Bond

Market Value: $2.6M
Shares Held: 88.4K
Portfolio Weight: 0.00%
Owned Since: 2021-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%