Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
51 hedge funds and large institutions have $86.6M invested in Western Asset Emerging Markets in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $82.7M → $86.6M (+$3.92M)
2% less funds holding
Funds holding: 52 → 51 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.54M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.44M |
| 3 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$492K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$417K |
| 5 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$973K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$909K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$557K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$322K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$299K |
EMD Hedge Fund Activity: Q2 2014 in Review
51 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q2 2014, worth a combined $86.6M — up 4.7% from $82.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EMD and 5 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 10 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.54M. The largest seller was Saba Capital Management, cutting an estimated $973K.
- 51 institutional investors held Western Asset Emerging Markets (EMD) as of Q2 2014, down from 52 in Q1 2014.
- Funds reported $86.6M of Western Asset Emerging Markets stock for Q2 2014, up 4.7% quarter-over-quarter.
- 5 funds opened new Western Asset Emerging Markets positions in Q2 2014 and 6 closed out, a net change of -1 holder.
- The largest Western Asset Emerging Markets buyer in Q2 2014 was Advisors Asset Management, an estimated $3.54M added.
- The largest Western Asset Emerging Markets seller in Q2 2014 was Saba Capital Management, an estimated $973K sold.
Based on aggregated 13F filings for Q2 2014.