We are live on ! Find out more
EMD

Western Asset Emerging Markets Debt Fund
EMD

95 hedge funds and large institutions have $337M invested in Western Asset Emerging Markets Debt Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

21% more capital invested

Capital invested by funds: $277M → $337M (+$59.6M)

2% more funds holding

Funds holding: 93 → 95 (+2)

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

0.39% more ownership

Funds ownership: 38.3% → 38.69% (+0.39%)

Holders
95
Holders Change
+2
Holders Change %
+2.15%
% of All Funds
1.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
13
Increased
31
Reduced
29
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
+$10.3M
2
BPC
Banque Pictet & Cie
Switzerland
+$5.21M
3
PNAA
Pictet North America Advisors
Switzerland
+$5.21M
4
Bank of America
Bank of America
North Carolina
+$1.89M
5
Wells Fargo
Wells Fargo
California
+$1.27M

Top Sellers

Rank Fund Capital Flow
1
VIA
Vident Investment Advisory
Georgia
-$9.93M
2
RCM
Rivernorth Capital Management
Florida
-$7.4M
3
Macquarie Group
Macquarie Group
Australia
-$1.55M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.51M
5
Geode Capital Management
Geode Capital Management
Massachusetts
-$822K
Name Holding Trade Value Shares
Change 		Change in
Stake
PFO
26
Pathstone Family Office
New Jersey
$1.31M +$128K +9,155 New
LCM
27
Landscape Capital Management
New Jersey
$1.21M -$739K -52,852 -38%
PCM
28
PenderFund Capital Management
British Columbia, Canada
$1.12M – – –
Macquarie Group
29
Macquarie Group
Australia
$1.07M -$1.55M -111,029 -60%
MC
30
Minot Capital
Colorado
$1.02M – – –
RJFSA
31
Raymond James Financial Services Advisors
Florida
$1.02M +$114K +8,162 +13%
MAFM
32
Mid Atlantic Financial Management
Pennsylvania
$877K +$160K +11,416 +23%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$865K +$15.3K +1,094 +2%
SIC
34
Samalin Investment Counsel
New York
$773K +$757K +54,182 New
BI
35
Bramshill Investments
Florida
$743K – – –
Mirae Asset Global Investments
36
Mirae Asset Global Investments
South Korea
$682K -$109K -7,785 -14%
Janney Montgomery Scott
37
Janney Montgomery Scott
Pennsylvania
$669K -$10.4K -744 -2%
NL
38
NWAM LLC
Washington
$647K -$14K -1,000 -2%
KA
39
Kovack Advisors
Florida
$602K -$250K -17,900 -30%
DADC
40
D.A. Davidson & Co
Montana
$590K +$9.87K +706 +2%
GI
41
Glovista Investments
New Jersey
$524K +$10.6K +761 +2%
FM
42
Family Management
New York
$508K +$81.6K +5,835 +20%
CAM
43
Cresset Asset Management
Illinois
$490K +$480K +34,350 New
CL
44
CSS LLC
Illinois
$485K – – –
QCIG
45
Quad-Cities Investment Group
Iowa
$484K +$3.63K +260 +0.8%
FIA
46
FNY Investment Advisers
New York
$482K +$322K +23,045 +215%
ACP
47
Aviance Capital Partners
Florida
$460K +$84K +6,008 +23%
Commonwealth Equity Services
48
Commonwealth Equity Services
Massachusetts
$449K +$3.23K +231 +0.7%
CCP
49
Cardan Capital Partners
Colorado
$416K -$3.44K -246 -0.8%
LTFS
50
Ladenburg Thalmann Financial Services
Florida
$409K -$10.4K -746 -3%
1
2
3 4 5

EMD Hedge Fund Activity: Q4 2019 in Review

95 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2019, worth a combined $337M — up 21% from $277M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new EMD positions and 10 closed out — a net gain of 3 holders — while 31 added to existing stakes and 29 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $10.3M. The largest seller was Vident Investment Advisory, exiting entirely with an estimated $9.93M sold.

  • 95 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2019, up from 93 in Q3 2019.
  • Funds reported $337M of Western Asset Emerging Markets Debt Fund stock for Q4 2019, up 21% quarter-over-quarter.
  • 13 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2019 and 10 closed out, a net change of +3 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2019 was Penserra Capital Management, an estimated $10.3M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q4 2019 was Vident Investment Advisory, an estimated $9.93M sold.

Based on aggregated 13F filings for Q4 2019.