Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
49 hedge funds and large institutions have $87.8M invested in Western Asset Emerging Markets in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 9 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $86.6M → $87.8M (+$1.19M)
4% less funds holding
Funds holding: 51 → 49 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.78M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.36M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$723K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$658K |
| 5 |
Morgan Stanley
New York
|
+$630K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$346K |
| 2 |
SCM
Saba Capital Management
New York
|
-$306K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$292K |
| 4 |
Goldman Sachs
New York
|
-$203K |
| 5 |
Bank of New York Mellon
New York
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Bank of New York Mellon
New York
| – | -$186K | -14,326 | Closed |
|
|
NPC
52
National Planning Corporation
El Segundo,
California
| – | -$171K | -13,200 | Closed |
|
|
MBT
53
Monroe Bank & Trust
Monroe,
Michigan
| – | -$103K | -8,000 | Closed |
|
|
SSG
54
Summit Securities Group
New York
| – | -$9K | -722 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$6K | -494 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -200 | Closed |
|
|
NES
57
New England Securities
New York
| – | -$3K | -200 | Closed |
|
|
GSC
58
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$1K | -100 | Closed |
|
EMD Hedge Fund Activity: Q3 2014 in Review
49 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q3 2014, worth a combined $87.8M — up 1.4% from $86.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EMD and 7 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 18 added.
The largest buyer was UBS, adding an estimated $2.78M. The largest seller was Cornerstone Advisors, cutting an estimated $346K.
- 49 institutional investors held Western Asset Emerging Markets (EMD) as of Q3 2014, down from 51 in Q2 2014.
- Funds reported $87.8M of Western Asset Emerging Markets stock for Q3 2014, up 1.4% quarter-over-quarter.
- 7 funds opened new Western Asset Emerging Markets positions in Q3 2014 and 9 closed out, a net change of -2 holders.
- The largest Western Asset Emerging Markets buyer in Q3 2014 was UBS, an estimated $2.78M added.
- The largest Western Asset Emerging Markets seller in Q3 2014 was Cornerstone Advisors, an estimated $346K sold.
Based on aggregated 13F filings for Q3 2014.