Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
65 hedge funds and large institutions have $170M invested in Morgan Stanley Emerging Markets Domestic Debt Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 62 → 65 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 15.16% → 14.81% (-0.34%)
5% less capital invested
Capital invested by funds: $180M → $170M (-$9.87M)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.12M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.83M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.39M |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$586K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.33M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.81M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.33M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.27M |
EDD Hedge Fund Activity: Q3 2013 in Review
65 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) for Q3 2013, worth a combined $170M — down 5.5% from $180M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EDD positions and 6 closed out — a net gain of 4 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.12M. The largest seller was Wells Fargo, cutting an estimated $2.33M.
- 65 institutional investors held Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) as of Q3 2013, up from 62 in Q2 2013.
- Funds reported $170M of Morgan Stanley Emerging Markets Domestic Debt Fund stock for Q3 2013, down 5.5% quarter-over-quarter.
- 10 funds opened new Morgan Stanley Emerging Markets Domestic Debt Fund positions in Q3 2013 and 6 closed out, a net change of +4 holders.
- The largest Morgan Stanley Emerging Markets Domestic Debt Fund buyer in Q3 2013 was Saba Capital Management, an estimated $4.12M added.
- The largest Morgan Stanley Emerging Markets Domestic Debt Fund seller in Q3 2013 was Wells Fargo, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2013.