WisdomTree Emerging Markets Local Debt Fund
ELD
125 hedge funds and large institutions have $597M invested in WisdomTree Emerging Markets Local Debt Fund in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 20 closing their positions.
1.5% more ownership
Funds ownership: 61.05% → 62.56% (+1.5%)
7% more call options, than puts
Call options by funds: $440K | Put options by funds: $413K
2% less funds holding
Funds holding: 128 → 125 (-3)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
18% less capital invested
Capital invested by funds: $725M → $597M (-$128M)
49% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 63
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Curian Capital
Denver,
Colorado
|
+$7.5M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$6.84M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.42M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$4.13M |
| 5 |
Jane Street
New York
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$82.3M |
| 2 |
Morgan Stanley
New York
|
-$14.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.95M |
| 4 |
BO
BRR OpCo
Columbus,
Ohio
|
-$7.38M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$6.7M |
ELD Hedge Fund Activity: Q1 2014 in Review
125 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q1 2014, worth a combined $597M — down 18% from $725M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ELD and 17 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 32 added.
The largest buyer was Curian Capital, adding an estimated $7.5M. The largest seller was Goldman Sachs, cutting an estimated $82.3M.
- 125 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q1 2014, down from 128 in Q4 2013.
- Funds reported $597M of WisdomTree Emerging Markets Local Debt Fund stock for Q1 2014, down 18% quarter-over-quarter.
- 17 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q1 2014 and 20 closed out, a net change of -3 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q1 2014 was Curian Capital, an estimated $7.5M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q1 2014 was Goldman Sachs, an estimated $82.3M sold.
Based on aggregated 13F filings for Q1 2014.