Virtus Stone Harbor Emerging Markets Income Fund
EDF
22 hedge funds and large institutions have $42.6M invested in Virtus Stone Harbor Emerging Markets Income Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
10% more funds holding
Funds holding: 20 → 22 (+2)
2.19% less ownership
Funds ownership: 16.78% → 14.59% (-2.2%)
12% less capital invested
Capital invested by funds: $48.3M → $42.6M (-$5.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.94M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.05M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.04M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$415K |
| 5 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.85M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.79M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.32M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.09M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$664K |
EDF Hedge Fund Activity: Q1 2014 in Review
22 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Virtus Stone Harbor Emerging Markets Income Fund (EDF) for Q1 2014, worth a combined $42.6M — down 12% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EDF positions and 5 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.94M. The largest seller was Morgan Stanley, cutting an estimated $3.85M.
- 22 institutional investors held Virtus Stone Harbor Emerging Markets Income Fund (EDF) as of Q1 2014, up from 20 in Q4 2013.
- Funds reported $42.6M of Virtus Stone Harbor Emerging Markets Income Fund stock for Q1 2014, down 12% quarter-over-quarter.
- 7 funds opened new Virtus Stone Harbor Emerging Markets Income Fund positions in Q1 2014 and 5 closed out, a net change of +2 holders.
- The largest Virtus Stone Harbor Emerging Markets Income Fund buyer in Q1 2014 was Rivernorth Capital Management, an estimated $1.94M added.
- The largest Virtus Stone Harbor Emerging Markets Income Fund seller in Q1 2014 was Morgan Stanley, an estimated $3.85M sold.
Based on aggregated 13F filings for Q1 2014.