WisdomTree Emerging Markets Local Debt Fund
ELD
75 hedge funds and large institutions have $235M invested in WisdomTree Emerging Markets Local Debt Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 42 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% less funds holding
Funds holding: 82 → 75 (-7)
15.02% less ownership
Funds ownership: 71.61% → 56.6% (-15%)
25% less capital invested
Capital invested by funds: $313M → $235M (-$77.6M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
62% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 42
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IndexIQ Advisors
New York
|
+$2.21M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.03M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.21M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$993K |
| 5 |
LS
Lattice Strategies
Wayne,
Pennsylvania
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$70.5M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$7.72M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$6.46M |
| 4 |
VA
Valmark Advisers
Akron,
Ohio
|
-$4.21M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.98M |
ELD Hedge Fund Activity: Q1 2016 in Review
75 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q1 2016, worth a combined $235M — down 25% from $313M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ELD and 9 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 16 added.
The largest buyer was IndexIQ Advisors, adding an estimated $2.21M. The largest seller was Goldman Sachs, cutting an estimated $70.5M.
- 75 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q1 2016, down from 82 in Q4 2015.
- Funds reported $235M of WisdomTree Emerging Markets Local Debt Fund stock for Q1 2016, down 25% quarter-over-quarter.
- 9 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q1 2016 and 16 closed out, a net change of -7 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q1 2016 was IndexIQ Advisors, an estimated $2.21M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q1 2016 was Goldman Sachs, an estimated $70.5M sold.
Based on aggregated 13F filings for Q1 2016.