WisdomTree Emerging Markets Local Debt Fund
ELD
128 hedge funds and large institutions have $725M invested in WisdomTree Emerging Markets Local Debt Fund in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 33 increasing their positions, 57 reducing their positions, and 24 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
5.96% more ownership
Funds ownership: 55.09% → 61.05% (+6%)
2% more funds holding
Funds holding: 126 → 128 (+2)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
7% less capital invested
Capital invested by funds: $781M → $725M (-$56.1M)
42% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 57
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $221K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$36.4M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$12.5M |
| 3 |
MFW
Meristem Family Wealth
Minnetonka,
Minnesota
|
+$8.77M |
| 4 |
BO
BRR OpCo
Columbus,
Ohio
|
+$7.54M |
| 5 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.3M |
| 2 |
Morgan Stanley
New York
|
-$26.6M |
| 3 |
Jane Street
New York
|
-$12.8M |
| 4 |
JG
Jefferies Group
New York
|
-$9.22M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.83M |
ELD Hedge Fund Activity: Q4 2013 in Review
128 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q4 2013, worth a combined $725M — down 7.2% from $781M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ELD positions and 24 closed out — a net gain of 2 holders — while 33 added to existing stakes and 57 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $36.4M. The largest seller was Deutsche Bank, cutting an estimated $29.3M.
- 128 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q4 2013, up from 126 in Q3 2013.
- Funds reported $725M of WisdomTree Emerging Markets Local Debt Fund stock for Q4 2013, down 7.2% quarter-over-quarter.
- 26 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q4 2013 and 24 closed out, a net change of +2 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q4 2013 was Goldman Sachs, an estimated $36.4M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q4 2013 was Deutsche Bank, an estimated $29.3M sold.
Based on aggregated 13F filings for Q4 2013.