Western Asset Emerging Markets
EMD
EMD was delisted on the 16th of December, 2016.
49 hedge funds and large institutions have $96.2M invested in Western Asset Emerging Markets in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 9 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
1% less capital invested
Capital invested by funds: $96.9M → $96.2M (-$737K)
2% less funds holding
Funds holding: 50 → 49 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.87M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.64M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.63M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.24M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$12.4M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.22M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.91M |
| 4 |
Morgan Stanley
New York
|
-$832K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$554K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTS
51
Round Table Services
Westfield,
New Jersey
| – | -$281K | -27,400 | Closed |
|
52
SG Americas Securities
New York
| – | -$269K | -26,237 | Closed |
|
53
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$231K | -22,476 | Closed |
|
|
JCM
54
JD Capital Management
Darien,
Connecticut
| – | -$139K | -13,550 | Closed |
|
|
AIG
55
American International Group
New York
| – | -$25K | -2,400 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | -$21K | -2,000 | Closed |
|
|
WIC
57
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$7K | -642 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$1K | -138 | Closed |
|
EMD Hedge Fund Activity: Q2 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q2 2016, worth a combined $96.2M — down 0.76% from $96.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EMD and 8 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 19 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.87M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $12.4M sold.
- 49 institutional investors held Western Asset Emerging Markets (EMD) as of Q2 2016, down from 50 in Q1 2016.
- Funds reported $96.2M of Western Asset Emerging Markets stock for Q2 2016, down 0.76% quarter-over-quarter.
- 8 funds opened new Western Asset Emerging Markets positions in Q2 2016 and 9 closed out, a net change of -1 holder.
- The largest Western Asset Emerging Markets buyer in Q2 2016 was Rivernorth Capital Management, an estimated $4.87M added.
- The largest Western Asset Emerging Markets seller in Q2 2016 was Parametric Portfolio Associates, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2016.