Virtus Stone Harbor Emerging Markets Income Fund
EDF
17 hedge funds and large institutions have $40.4M invested in Virtus Stone Harbor Emerging Markets Income Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
1.02% more ownership
Funds ownership: 11.72% → 12.74% (+1%)
5% more capital invested
Capital invested by funds: $38.6M → $40.4M (+$1.75M)
6% less funds holding
Funds holding: 18 → 17 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.18M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.16M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$837K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$652K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$2.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$351K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$263K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$203K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$182K |
EDF Hedge Fund Activity: Q3 2013 in Review
17 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Virtus Stone Harbor Emerging Markets Income Fund (EDF) for Q3 2013, worth a combined $40.4M — up 4.5% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EDF and 5 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $3.18M. The largest seller was UBS, cutting an estimated $2.7M.
- 17 institutional investors held Virtus Stone Harbor Emerging Markets Income Fund (EDF) as of Q3 2013, down from 18 in Q2 2013.
- Funds reported $40.4M of Virtus Stone Harbor Emerging Markets Income Fund stock for Q3 2013, up 4.5% quarter-over-quarter.
- 5 funds opened new Virtus Stone Harbor Emerging Markets Income Fund positions in Q3 2013 and 6 closed out, a net change of -1 holder.
- The largest Virtus Stone Harbor Emerging Markets Income Fund buyer in Q3 2013 was Morgan Stanley, an estimated $3.18M added.
- The largest Virtus Stone Harbor Emerging Markets Income Fund seller in Q3 2013 was UBS, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2013.