iShares JPMorgan USD Emerging Markets Bond ETF
EMB
822 hedge funds and large institutions have $13.3B invested in iShares JPMorgan USD Emerging Markets Bond ETF in 2023 Q4 according to their latest regulatory filings, with 167 funds opening new positions, 275 increasing their positions, 291 reducing their positions, and 73 closing their positions.
129% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 73
29% more funds holding in top 10
Funds holding in top 10: 28 → 36 (+8)
26% more capital invested
Capital invested by funds: $10.6B → $13.3B (+$2.7B)
10% more funds holding
Funds holding: 744 → 822 (+78)
4.53% more ownership
Funds ownership: 75.88% → 80.41% (+4.5%)
5% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 291
26% less call options, than puts
Call options by funds: $562M | Put options by funds: $759M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pharo Management
New York
|
+$552M |
| 2 |
Morgan Stanley
New York
|
+$542M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$260M |
| 4 |
AssetMark Inc
Concord,
California
|
+$147M |
| 5 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$178M |
| 2 |
BlackRock
New York
|
-$118M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$78.8M |
| 4 |
Citigroup
New York
|
-$69.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$51.7M |
EMB Hedge Fund Activity: Q4 2023 in Review
822 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan USD Emerging Markets Bond ETF (EMB) for Q4 2023, worth a combined $13.3B — up 26% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new EMB positions and 73 closed out — a net gain of 94 holders — while 275 added to existing stakes and 291 trimmed.
The largest buyer was Pharo Management, opening a new position worth an estimated $552M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $178M sold.
- 822 institutional investors held iShares JPMorgan USD Emerging Markets Bond ETF (EMB) as of Q4 2023, up from 744 in Q3 2023.
- Funds reported $13.3B of iShares JPMorgan USD Emerging Markets Bond ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 167 funds opened new iShares JPMorgan USD Emerging Markets Bond ETF positions in Q4 2023 and 73 closed out, a net change of +94 holders.
- The largest iShares JPMorgan USD Emerging Markets Bond ETF buyer in Q4 2023 was Pharo Management, an estimated $552M added.
- The largest iShares JPMorgan USD Emerging Markets Bond ETF seller in Q4 2023 was Bank of Nova Scotia, an estimated $178M sold.
Based on aggregated 13F filings for Q4 2023.