Western Asset Emerging Markets Debt Fund
EMD
64 hedge funds and large institutions have $129M invested in Western Asset Emerging Markets Debt Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
10% more funds holding
Funds holding: 58 → 64 (+6)
2.06% more ownership
Funds ownership: 24.16% → 26.22% (+2.1%)
1% less capital invested
Capital invested by funds: $130M → $129M (-$1.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.32M |
| 2 |
BL
BCWM LLC
Overland Park,
Kansas
|
+$2.69M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$2.27M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.2M |
| 5 |
Morgan Stanley
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.39M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$958K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$806K |
| 4 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
-$251K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$178K |
EMD Hedge Fund Activity: Q3 2014 in Review
64 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q3 2014, worth a combined $129M — down 1.2% from $130M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EMD positions and 5 closed out — a net gain of 6 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.32M. The largest seller was Saba Capital Management, cutting an estimated $1.39M.
- 64 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q3 2014, up from 58 in Q2 2014.
- Funds reported $129M of Western Asset Emerging Markets Debt Fund stock for Q3 2014, down 1.2% quarter-over-quarter.
- 11 funds opened new Western Asset Emerging Markets Debt Fund positions in Q3 2014 and 5 closed out, a net change of +6 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q3 2014 was Advisors Asset Management, an estimated $3.32M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q3 2014 was Saba Capital Management, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2014.