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EMD

Western Asset Emerging Markets

Delisted

EMD was delisted on the 16th of December, 2016.

59 hedge funds and large institutions have $75.5M invested in Western Asset Emerging Markets in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 5

28% more funds holding

Funds holding: 4659 (+13)

8% more capital invested

Capital invested by funds: $69.7M → $75.5M (+$5.85M)

6% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 16

Holders
59
Holders Change
+13
Holders Change %
+28.26%
% of All Funds
1.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
17
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$16.5M +$12.7M +1,046,319 +304%
Morgan Stanley
2
Morgan Stanley
New York
$9.78M -$16M -1,324,101 -62%
Invesco
3
Invesco
Georgia
$7.74M -$554K -45,707 -7%
RCM
4
Rivernorth Capital Management
Florida
$5.66M +$4.92M +405,598 +559%
NEAM
5
New England Asset Management
Connecticut
$5.3M
PPA
6
Parametric Portfolio Associates
Washington
$5.06M +$723K +59,611 +16%
Wells Fargo
7
Wells Fargo
California
$3.5M +$1.41M +116,546 +65%
Bank of America
8
Bank of America
North Carolina
$3.11M -$337K -27,837 -10%
U
9
UBS
Switzerland
$2.35M -$656K -54,123 -21%
TFMS
10
Trust & Fiduciary Management Services
Massachusetts
$1.53M +$1.57M +129,440 New
PP
11
Paloma Partners
Connecticut
$999K +$1.02M +84,390 New
CA
12
Cornerstone Advisors
North Carolina
$938K +$960K +79,207 New
WAM
13
Wolverine Asset Management
Illinois
$891K +$396K +32,635 +77%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$878K +$51.8K +4,271 +6%
DA
15
Doliver Advisors
Texas
$876K +$334K +27,571 +59%
Barclays
16
Barclays
United Kingdom
$850K +$186K +15,383 +25%
MIG
17
Mariner Investment Group
New York
$748K +$766K +63,173 New
WAM
18
Weiss Asset Management
Massachusetts
$612K +$627K +51,708 New
RJA
19
Raymond James & Associates
Florida
$516K +$101K +8,320 +24%
AF
20
Aldebaran Financial
$515K +$527K +43,466 New
Geode Capital Management
21
Geode Capital Management
Massachusetts
$512K
GC
22
Guggenheim Capital
Illinois
$483K -$272K -22,478 -36%
LPL Financial
23
LPL Financial
California
$450K +$33.4K +2,758 +8%
SG Americas Securities
24
SG Americas Securities
New York
$439K +$449K +37,045 New
VFS
25
VSR Financial Services
Kansas
$410K +$182K +15,000 +76%

EMD Hedge Fund Activity: Q4 2013 in Review

59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets (EMD) for Q4 2013, worth a combined $75.5M — up 8.4% from $69.7M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new EMD positions and 5 closed out — a net gain of 14 holders — while 17 added to existing stakes and 16 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $12.7M. The largest seller was Morgan Stanley, cutting an estimated $16M.

  • 59 institutional investors held Western Asset Emerging Markets (EMD) as of Q4 2013, up from 46 in Q3 2013.
  • Funds reported $75.5M of Western Asset Emerging Markets stock for Q4 2013, up 8.4% quarter-over-quarter.
  • 19 funds opened new Western Asset Emerging Markets positions in Q4 2013 and 5 closed out, a net change of +14 holders.
  • The largest Western Asset Emerging Markets buyer in Q4 2013 was Saba Capital Management, an estimated $12.7M added.
  • The largest Western Asset Emerging Markets seller in Q4 2013 was Morgan Stanley, an estimated $16M sold.

Based on aggregated 13F filings for Q4 2013.