Virtus Stone Harbor Emerging Markets Income Fund
EDF
29 hedge funds and large institutions have $23.5M invested in Virtus Stone Harbor Emerging Markets Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 7 closing their positions.
2.01% less ownership
Funds ownership: 13.66% → 11.65% (-2%)
10% less capital invested
Capital invested by funds: $26M → $23.5M (-$2.48M)
12% less funds holding
Funds holding: 33 → 29 (-4)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$536K |
| 2 |
Cohen & Steers
New York
|
+$382K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$294K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$239K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.7M |
| 2 |
Morgan Stanley
New York
|
-$904K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$557K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$508K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
FANJ
27
Financial Architects (New Jersey)
Marlton,
New Jersey
| $7K | +$6.09K | +530 | New |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $2 | -$195 | -17 | -9% |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$508K | -42,199 | Closed |
|
|
CCP
30
Clough Capital Partners
Boston,
Massachusetts
| – | -$384K | -31,900 | Closed |
|
31
SG Americas Securities
New York
| – | -$302K | -25,079 | Closed |
|
|
WAM
32
Weiss Asset Management
Boston,
Massachusetts
| – | -$238K | -19,783 | Closed |
|
33
Squarepoint
New York
| – | -$218K | -18,100 | Closed |
|
|
GWM
34
Gupta Wealth Management
San Diego,
California
| – | -$5K | -444 | Closed |
|
|
CCS
35
Crosspoint Capital Strategies
Orinda,
California
| – | -$6K | -412 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$655 | -57 | -72% |
|
EDF Hedge Fund Activity: Q1 2016 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Virtus Stone Harbor Emerging Markets Income Fund (EDF) for Q1 2016, worth a combined $23.5M — down 9.5% from $26M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EDF and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Bison Wealth, adding an estimated $536K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.7M.
- 29 institutional investors held Virtus Stone Harbor Emerging Markets Income Fund (EDF) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $23.5M of Virtus Stone Harbor Emerging Markets Income Fund stock for Q1 2016, down 9.5% quarter-over-quarter.
- 4 funds opened new Virtus Stone Harbor Emerging Markets Income Fund positions in Q1 2016 and 7 closed out, a net change of -3 holders.
- The largest Virtus Stone Harbor Emerging Markets Income Fund buyer in Q1 2016 was Bison Wealth, an estimated $536K added.
- The largest Virtus Stone Harbor Emerging Markets Income Fund seller in Q1 2016 was Rivernorth Capital Management, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2016.