WisdomTree Emerging Markets Local Debt Fund
ELD
126 hedge funds and large institutions have $781M invested in WisdomTree Emerging Markets Local Debt Fund in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 66 reducing their positions, and 34 closing their positions.
4.78% less ownership
Funds ownership: 59.88% → 55.09% (-4.8%)
14% less funds holding
Funds holding: 146 → 126 (-20)
26% less capital invested
Capital invested by funds: $1.06B → $781M (-$274M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
52% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 66
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$12.8M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$11.5M |
| 3 |
JG
Jefferies Group
New York
|
+$8.47M |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$8.04M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$48M |
| 2 |
Goldman Sachs
New York
|
-$37.6M |
| 3 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
-$29.9M |
| 4 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$14.9M |
| 5 |
SMA
Simply Money Advisors
Cincinnati,
Ohio
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFS
151
HL Financial Services
Louisville,
Kentucky
| – | -$200K | -4,145 | Closed |
|
|
HPBT
152
High Point Bank & Trust
High Point,
North Carolina
| – | -$175K | -3,650 | Closed |
|
|
BIM
153
BlackRock Investment Management
Wilmington,
Delaware
| – | -$122K | -2,538 | Closed |
|
|
DADC
154
D.A. Davidson & Co
Great Falls,
Montana
| – | -$120K | -2,502 | Closed |
|
|
BBHC
155
Brown Brothers Harriman & Co
New York
| – | -$110K | -2,280 | Closed |
|
|
TFA
156
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$64K | -1,315 | Closed |
|
|
ACM
157
Antonetti Capital Management
Naples,
Florida
| – | -$24K | -500 | Closed |
|
158
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$24K | -500 | Closed |
|
|
CFA
159
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$15K | -306 | Closed |
|
|
PFO
160
Pathstone Family Office
Englewood,
New Jersey
| – | -$14K | -290 | Closed |
|
ELD Hedge Fund Activity: Q3 2013 in Review
126 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Emerging Markets Local Debt Fund (ELD) for Q3 2013, worth a combined $781M — down 26% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ELD and 15 opened new positions — a net loss of 19 holders — while 66 trimmed existing stakes and 32 added.
The largest buyer was Jane Street, opening a new position worth an estimated $12.8M. The largest seller was Deutsche Bank, cutting an estimated $48M.
- 126 institutional investors held WisdomTree Emerging Markets Local Debt Fund (ELD) as of Q3 2013, down from 146 in Q2 2013.
- Funds reported $781M of WisdomTree Emerging Markets Local Debt Fund stock for Q3 2013, down 26% quarter-over-quarter.
- 15 funds opened new WisdomTree Emerging Markets Local Debt Fund positions in Q3 2013 and 34 closed out, a net change of -19 holders.
- The largest WisdomTree Emerging Markets Local Debt Fund buyer in Q3 2013 was Jane Street, an estimated $12.8M added.
- The largest WisdomTree Emerging Markets Local Debt Fund seller in Q3 2013 was Deutsche Bank, an estimated $48M sold.
Based on aggregated 13F filings for Q3 2013.