Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
49 hedge funds and large institutions have $80.2M invested in Western Asset Emerging Markets in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 48 → 49 (+1)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
10% less capital invested
Capital invested by funds: $89.1M → $80.2M (-$8.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$993K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$791K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$678K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$540K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.02M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$686K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$658K |
| 4 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
-$608K |
| 5 |
SCM
Saba Capital Management
New York
|
-$473K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Stifel Financial
St. Louis,
Missouri
| – | -$1.02M | -95,052 | Closed |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| – | -$418K | -38,990 | Closed |
|
|
CAN
53
Cetera Advisor Networks
El Segundo,
California
| – | -$190K | -17,200 | Closed |
|
|
GI
54
Gradient Investments
Arden Hills,
Minnesota
| – | -$56K | -5,240 | Closed |
|
|
WA
55
WFG Advisors
Dallas,
Texas
| – | -$5K | -500 | Closed |
|
EMD Hedge Fund Activity: Q3 2015 in Review
49 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q3 2015, worth a combined $80.2M — down 10% from $89.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EMD positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $993K. The largest seller was Stifel Financial, exiting entirely with an estimated $1.02M sold.
- 49 institutional investors held Western Asset Emerging Markets (EMD) as of Q3 2015, up from 48 in Q2 2015.
- Funds reported $80.2M of Western Asset Emerging Markets stock for Q3 2015, down 10% quarter-over-quarter.
- 7 funds opened new Western Asset Emerging Markets positions in Q3 2015 and 6 closed out, a net change of +1 holder.
- The largest Western Asset Emerging Markets buyer in Q3 2015 was Sit Investment Associates, an estimated $993K added.
- The largest Western Asset Emerging Markets seller in Q3 2015 was Stifel Financial, an estimated $1.02M sold.
Based on aggregated 13F filings for Q3 2015.