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iShares JPMorgan USD Emerging Markets Bond ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 2836 (+8)

26% more capital invested

Capital invested by funds: $10.6B → $13.3B (+$2.7B)

10% more funds holding

Funds holding: 744822 (+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

Holders
822
Holders Change
+78
Holders Change %
+10.48%
% of All Funds
11.98%
Holding in Top 10
36
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+28.57%
% of All Funds
0.52%
New
167
Increased
275
Reduced
291
Closed
73
Calls
$562M
Puts
$759M
Net Calls
-$197M
Net Calls Change
+$575M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$1.43B -$45.2M -536,723 -3%
Morgan Stanley
2
Morgan Stanley
New York
$1.04B +$542M +6,439,446 +122%
Betterment LLC
3
Betterment LLC
New York
$917M +$6.13M +72,760 +0.7%
PM
4
Pharo Management
New York
$584M +$552M +6,552,802 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$481M -$10.6M -126,319 -2%
Wealthfront Advisers
6
Wealthfront Advisers
California
$477M +$18M +213,869 +4%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$442M +$67.4M +800,782 +19%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$358M +$30.9M +366,567 +10%
Goldman Sachs
9
Goldman Sachs
New York
$332M +$78.2M +928,342 +33%
BlackRock
10
BlackRock
New York
$320M -$118M -1,403,782 -28%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$307M +$32.8M +388,996 +13%
COPPSERS
12
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$295M -$78.8M -936,215 -22%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$292M +$260M +3,084,130 +1,577%
VMPIC
14
Varma Mutual Pension Insurance Co
Finland
$237M
SLI
15
Sumitomo Life Insurance
Japan
$227M +$139M +1,654,771 +185%
AssetMark Inc
16
AssetMark Inc
California
$190M +$147M +1,744,144 +442%
MERSOM
17
Municipal Employees' Retirement System of Michigan
Michigan
$187M +$2.64M +31,327 +2%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$184M +$55.9M +663,535 +47%
Bessemer Group
19
Bessemer Group
New Jersey
$156M +$1.29M +15,364 +0.9%
UBS Group
20
UBS Group
Switzerland
$146M -$8.28M -98,260 -6%
BNP Paribas Financial Markets
21
BNP Paribas Financial Markets
France
$128M +$91.4M +1,085,683 +312%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$122M -$17.5M -207,641 -13%
RJA
23
Raymond James & Associates
Florida
$114M +$1.13M +13,450 +1%
BHCM
24
Brevan Howard Capital Management
Jersey
$111M +$95.9M +1,139,000 +1,085%
HC
25
Hamilton Capital
Ohio
$107M +$1.23M +14,612 +1%

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.