Western Asset Emerging Markets Debt Fund
EMD
101 hedge funds and large institutions have $350M invested in Western Asset Emerging Markets Debt Fund in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 13 closing their positions.
3.03% more ownership
Funds ownership: 36.59% → 39.62% (+3%)
1% more funds holding
Funds holding: 100 → 101 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
1% more capital invested
Capital invested by funds: $346M → $350M (+$4.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$20.8M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$8.12M |
| 3 |
Morgan Stanley
New York
|
+$5.49M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.89M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.27M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.11M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.76M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.25M |
| 5 |
Millennium Management
New York
|
-$2.06M |
EMD Hedge Fund Activity: Q1 2018 in Review
101 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2018, worth a combined $350M — up 1.3% from $346M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EMD positions and 13 closed out — a net gain of 1 holder — while 34 added to existing stakes and 33 trimmed.
The largest buyer was UBS Group, adding an estimated $20.8M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.27M.
- 101 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2018, up from 100 in Q4 2017.
- Funds reported $350M of Western Asset Emerging Markets Debt Fund stock for Q1 2018, up 1.3% quarter-over-quarter.
- 14 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2018 and 13 closed out, a net change of +1 holder.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2018 was UBS Group, an estimated $20.8M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2018 was Rivernorth Capital Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2018.