WisdomTree Emerging Markets Local Debt Fund
ELD
112 hedge funds and large institutions have $537M invested in WisdomTree Emerging Markets Local Debt Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 50 reducing their positions, and 22 closing their positions.
29% more call options, than puts
Call options by funds: $357K | Put options by funds: $276K
3% more ownership
Funds ownership: 62.56% → 65.55% (+3%)
10% less capital invested
Capital invested by funds: $597M → $537M (-$60.1M)
10% less funds holding
Funds holding: 125 → 112 (-13)
28% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 50
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.2M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$12.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.21M |
| 4 |
FAAM
First Allied Asset Management
San Diego,
California
|
+$4.67M |
| 5 |
VA
Valmark Advisers
Akron,
Ohio
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Curian Capital
Denver,
Colorado
|
-$48.4M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$13.8M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$6.65M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.53M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
-$4.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Citadel Advisors
Miami,
Florida
| – | -$257K | -5,608 | Closed |
|
|
CWM
127
Concert Wealth Management
San Jose,
California
| – | -$235K | -5,069 | Closed |
|
|
TF
128
Tompkins Financial
Ithaca,
New York
| – | -$231K | -5,030 | Closed |
|
|
SC
129
SouthState Corp
Winter Haven,
Florida
| – | -$228K | -4,969 | Closed |
|
130
US Bancorp
Minneapolis,
Minnesota
| – | -$52K | -1,126 | Closed |
|
|
CCS
131
Crosspoint Capital Strategies
Orinda,
California
| – | -$32K | -690 | Closed |
|
|
NMIS
132
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$2K | -36 | Closed |
|
|
BCMIO
133
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
| – | -$1K | -21 | Closed |
|
|
GAM
134
Gemmer Asset Management
Walnut Creek,
California
| – | +$140 | +3 | New |
|
ELD Hedge Fund Activity: Q2 2014 in Review
112 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q2 2014, worth a combined $537M — down 10% from $597M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ELD and 9 opened new positions — a net loss of 13 holders — while 50 trimmed existing stakes and 36 added.
The largest buyer was Envestnet Asset Management, adding an estimated $13.2M. The largest seller was Curian Capital, exiting entirely with an estimated $48.4M sold.
- 112 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q2 2014, down from 125 in Q1 2014.
- Funds reported $537M of WisdomTree Emerging Markets Local Debt Fund stock for Q2 2014, down 10% quarter-over-quarter.
- 9 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q2 2014 and 22 closed out, a net change of -13 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q2 2014 was Envestnet Asset Management, an estimated $13.2M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q2 2014 was Curian Capital, an estimated $48.4M sold.
Based on aggregated 13F filings for Q2 2014.