Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
46 hedge funds and large institutions have $69.7M invested in Western Asset Emerging Markets in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more funds holding
Funds holding: 43 → 46 (+3)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $67.2M → $69.7M (+$2.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.29M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.28M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.16M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$631K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.12M |
| 2 |
Barclays
London,
United Kingdom
|
-$891K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$748K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$736K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$556K |
EMD Hedge Fund Activity: Q3 2013 in Review
46 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q3 2013, worth a combined $69.7M — up 3.7% from $67.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EMD positions and 6 closed out — a net gain of 3 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.29M. The largest seller was Royal Bank of Canada, cutting an estimated $1.12M.
- 46 institutional investors held Western Asset Emerging Markets (EMD) as of Q3 2013, up from 43 in Q2 2013.
- Funds reported $69.7M of Western Asset Emerging Markets stock for Q3 2013, up 3.7% quarter-over-quarter.
- 9 funds opened new Western Asset Emerging Markets positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest Western Asset Emerging Markets buyer in Q3 2013 was Saba Capital Management, an estimated $4.29M added.
- The largest Western Asset Emerging Markets seller in Q3 2013 was Royal Bank of Canada, an estimated $1.12M sold.
Based on aggregated 13F filings for Q3 2013.