WisdomTree Emerging Markets Local Debt Fund
ELD
76 hedge funds and large institutions have $86.8M invested in WisdomTree Emerging Markets Local Debt Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 28 reducing their positions, and 13 closing their positions.
6.9% less ownership
Funds ownership: 46.05% → 39.15% (-6.9%)
7% less funds holding
Funds holding: 82 → 76 (-6)
25% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 28
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less capital invested
Capital invested by funds: $149M → $86.8M (-$62.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$2.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.49M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$970K |
| 5 |
OTC
Opera Trading Capital
Paris,
France
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Valmark Advisers
Akron,
Ohio
|
-$38.9M |
| 2 |
AssetMark Inc
Concord,
California
|
-$4.95M |
| 3 |
Morgan Stanley
New York
|
-$4.28M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.76M |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$1.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFP
76
Ausdal Financial Partners
Davenport,
Iowa
| – | -$1.68M | -43,990 | Closed |
|
|
GC
77
Garde Capital
Seattle,
Washington
| – | -$931K | -26,881 | Closed |
|
|
JIC
78
Johnson Investment Counsel
Cincinnati,
Ohio
| – | -$415K | -10,924 | Closed |
|
|
MIS
79
Morningstar Investment Services
Chicago,
Illinois
| – | -$253K | -6,649 | Closed |
|
|
RJA
80
Raymond James & Associates
St Petersburg,
Florida
| – | -$231K | -6,060 | Closed |
|
|
DC
81
Davenport & Co
Richmond,
Virginia
| – | -$222K | -5,820 | Closed |
|
|
TSS
82
Two Sigma Securities
New York
| – | -$218K | -5,725 | Closed |
|
83
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$204K | -5,360 | Closed |
|
|
WIC
84
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$55K | -1,455 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$15K | -391 | Closed |
|
|
RFA
86
Reilly Financial Advisors
La Mesa,
California
| – | -$7K | -190 | Closed |
|
87
Citigroup
New York
| – | -$4K | -100 | Closed |
|
ELD Hedge Fund Activity: Q4 2016 in Review
76 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q4 2016, worth a combined $86.8M — down 42% from $149M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ELD and 9 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 21 added.
The largest buyer was SEI Investments, adding an estimated $2.67M. The largest seller was Valmark Advisers, cutting an estimated $38.9M.
- 76 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q4 2016, down from 82 in Q3 2016.
- Funds reported $86.8M of WisdomTree Emerging Markets Local Debt Fund stock for Q4 2016, down 42% quarter-over-quarter.
- 9 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q4 2016 and 13 closed out, a net change of -4 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q4 2016 was SEI Investments, an estimated $2.67M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q4 2016 was Valmark Advisers, an estimated $38.9M sold.
Based on aggregated 13F filings for Q4 2016.