Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
54 hedge funds and large institutions have $84.4M invested in Western Asset Emerging Markets in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
10% more funds holding
Funds holding: 49 → 54 (+5)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
4% less capital invested
Capital invested by funds: $87.8M → $84.4M (-$3.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.61M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.35M |
| 3 |
SG Americas Securities
New York
|
+$969K |
| 4 |
Morgan Stanley
New York
|
+$896K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$861K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.71M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.01M |
| 3 |
Barclays
London,
United Kingdom
|
-$935K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$671K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$612K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
51
Reilly Financial Advisors
La Mesa,
California
| $3K | +$3.45K | +297 | New |
|
|
NPC
52
National Planning Corporation
El Segundo,
California
| $2.21K | +$2.32K | +200 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $2K | +$2.32K | +200 | New |
|
|
NSIM
54
North Star Investment Management
Chicago,
Illinois
| $1K | -$779 | -67 | -40% |
|
|
BRWA
55
B. Riley Wealth Advisors
Boca Raton,
Florida
| $9 | +$9.37K | +806 | New |
|
|
56
Barclays
London,
United Kingdom
| – | -$935K | -78,501 | Closed |
|
|
RJA
57
Raymond James & Associates
St Petersburg,
Florida
| – | -$377K | -31,368 | Closed |
|
|
SFS
58
Shaker Financial Services
Arlington,
Virginia
| – | -$171K | -14,253 | Closed |
|
|
CAN
59
Cetera Advisor Networks
El Segundo,
California
| – | -$122K | -10,200 | Closed |
|
|
NFG
60
Next Financial Group
Houston,
Texas
| – | -$26K | -2,144 | Closed |
|
|
EWM
61
Elite Wealth Management
Kirkland,
Washington
| – | -$6K | -480 | Closed |
|
EMD Hedge Fund Activity: Q4 2014 in Review
54 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q4 2014, worth a combined $84.4M — down 3.9% from $87.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EMD positions and 6 closed out — a net gain of 8 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.61M. The largest seller was Bank of America, cutting an estimated $1.71M.
- 54 institutional investors held Western Asset Emerging Markets (EMD) as of Q4 2014, up from 49 in Q3 2014.
- Funds reported $84.4M of Western Asset Emerging Markets stock for Q4 2014, down 3.9% quarter-over-quarter.
- 14 funds opened new Western Asset Emerging Markets positions in Q4 2014 and 6 closed out, a net change of +8 holders.
- The largest Western Asset Emerging Markets buyer in Q4 2014 was Advisors Asset Management, an estimated $2.61M added.
- The largest Western Asset Emerging Markets seller in Q4 2014 was Bank of America, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2014.