Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
52 hedge funds and large institutions have $82.7M invested in Western Asset Emerging Markets in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 14 closing their positions.
9% more capital invested
Capital invested by funds: $75.5M → $82.7M (+$7.12M)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
12% less funds holding
Funds holding: 59 → 52 (-7)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.3M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.74M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.73M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.56M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$5.3M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$999K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$891K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$749K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$748K |
EMD Hedge Fund Activity: Q1 2014 in Review
52 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q1 2014, worth a combined $82.7M — up 9.4% from $75.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EMD and 7 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 16 added.
The largest buyer was Saba Capital Management, adding an estimated $5.3M. The largest seller was New England Asset Management, exiting entirely with an estimated $5.3M sold.
- 52 institutional investors held Western Asset Emerging Markets (EMD) as of Q1 2014, down from 59 in Q4 2013.
- Funds reported $82.7M of Western Asset Emerging Markets stock for Q1 2014, up 9.4% quarter-over-quarter.
- 7 funds opened new Western Asset Emerging Markets positions in Q1 2014 and 14 closed out, a net change of -7 holders.
- The largest Western Asset Emerging Markets buyer in Q1 2014 was Saba Capital Management, an estimated $5.3M added.
- The largest Western Asset Emerging Markets seller in Q1 2014 was New England Asset Management, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2014.