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EMD

Western Asset Emerging Markets Debt Fund

91 hedge funds and large institutions have $261M invested in Western Asset Emerging Markets Debt Fund in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

543% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 7

288% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 8

91% more capital invested

Capital invested by funds: $137M → $261M (+$125M)

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

34% more funds holding

Funds holding: 6891 (+23)

0.06% less ownership

Funds ownership: 29.31%29.25% (-0.06%)

Holders
91
Holders Change
+23
Holders Change %
+33.82%
% of All Funds
2.27%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
31
Increased
45
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KPF
26
K2 Principal Fund
Ontario, Canada
$1.32M +$839K +55,513 +163%
WS
27
Wedbush Securities
California
$1.29M +$1.03M +68,143 +352%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$1.27M
Geode Capital Management
29
Geode Capital Management
Massachusetts
$1.09M +$860K +56,948 +325%
First Trust Advisors
30
First Trust Advisors
Illinois
$1M +$1.03M +68,111 New
LPL Financial
31
LPL Financial
California
$976K +$275K +18,182 +38%
NL
32
NWAM LLC
Washington
$947K -$22.8K -1,512 -2%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$891K +$720K +47,651 +373%
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$873K +$203K +13,439 +29%
OFG
35
OTA Financial Group
New York
$807K +$830K +54,915 New
KA
36
Klingman & Associates
New York
$785K +$123K +8,115 +18%
KA
37
Kovack Advisors
Florida
$736K +$451K +29,865 +148%
FIMG
38
Financial & Investment Management Group
Michigan
$689K +$708K +46,871 New
BCI
39
Brinker Capital Investments
Pennsylvania
$590K +$24.4K +1,615 +4%
PPA
40
Parametric Portfolio Associates
Washington
$589K
Commonwealth Equity Services
41
Commonwealth Equity Services
Massachusetts
$573K +$351K +23,246 +148%
DADC
42
D.A. Davidson & Co
Montana
$543K +$137K +9,050 +32%
RJFSA
43
Raymond James Financial Services Advisors
Florida
$534K +$93.4K +6,180 +20%
CAS
44
Cue Advisory Services
Arizona
$508K -$281K -18,580 -35%
AWA
45
Arete Wealth Advisors
Illinois
$493K +$13.8K +915 +3%
CL
46
CSS LLC
Illinois
$491K +$186K +12,281 +58%
Goldman Sachs
47
Goldman Sachs
New York
$484K +$497K +32,911 New
Creative Planning
48
Creative Planning
Kansas
$452K +$380K +25,139 +451%
DHFB
49
Dixon Hubard Feinour & Brown
Virginia
$446K
Millennium Management
50
Millennium Management
New York
$439K +$451K +29,875 New

EMD Hedge Fund Activity: Q4 2016 in Review

91 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2016, worth a combined $261M — up 91% from $137M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new EMD positions and 8 closed out — a net gain of 23 holders — while 45 added to existing stakes and 7 trimmed.

The largest buyer was McGowan Group Asset Management, adding an estimated $37.5M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.91M sold.

  • 91 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2016, up from 68 in Q3 2016.
  • Funds reported $261M of Western Asset Emerging Markets Debt Fund stock for Q4 2016, up 91% quarter-over-quarter.
  • 31 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2016 and 8 closed out, a net change of +23 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2016 was McGowan Group Asset Management, an estimated $37.5M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q4 2016 was Rivernorth Capital Management, an estimated $5.91M sold.

Based on aggregated 13F filings for Q4 2016.