Virtus Stone Harbor Emerging Markets Income Fund
EDF
23 hedge funds and large institutions have $50.7M invested in Virtus Stone Harbor Emerging Markets Income Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 6 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
19% more capital invested
Capital invested by funds: $42.6M → $50.7M (+$8.1M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 22 → 23 (+1)
0.65% more ownership
Funds ownership: 14.59% → 15.24% (+0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.85M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.07M |
| 3 |
Morgan Stanley
New York
|
+$949K |
| 4 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$366K |
| 5 |
LPL Financial
San Diego,
California
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.88M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.1M |
| 3 |
Goldman Sachs
New York
|
-$368K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$74K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$74K | -4,022 | Closed |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19K | -1,000 | Closed |
|
28
Citigroup
New York
| – | -$2K | -92 | Closed |
|
|
MAA
29
Managed Account Advisors
Jersey City,
New Jersey
| – | +$20 | +1 | New |
|
EDF Hedge Fund Activity: Q2 2014 in Review
23 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Virtus Stone Harbor Emerging Markets Income Fund (EDF) for Q2 2014, worth a combined $50.7M — up 19% from $42.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EDF positions and 6 closed out — a net gain of 1 holder — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $6.85M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.88M sold.
- 23 institutional investors held Virtus Stone Harbor Emerging Markets Income Fund (EDF) as of Q2 2014, up from 22 in Q1 2014.
- Funds reported $50.7M of Virtus Stone Harbor Emerging Markets Income Fund stock for Q2 2014, up 19% quarter-over-quarter.
- 7 funds opened new Virtus Stone Harbor Emerging Markets Income Fund positions in Q2 2014 and 6 closed out, a net change of +1 holder.
- The largest Virtus Stone Harbor Emerging Markets Income Fund buyer in Q2 2014 was Guggenheim Capital, an estimated $6.85M added.
- The largest Virtus Stone Harbor Emerging Markets Income Fund seller in Q2 2014 was Rivernorth Capital Management, an estimated $5.88M sold.
Based on aggregated 13F filings for Q2 2014.