Western Asset Emerging Markets Debt Fund
EMD
68 hedge funds and large institutions have $127M invested in Western Asset Emerging Markets Debt Fund in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 7 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 67 → 68 (+1)
5.71% less ownership
Funds ownership: 34.34% → 28.64% (-5.7%)
7% less capital invested
Capital invested by funds: $136M → $127M (-$9.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.16M |
| 2 |
BL
BCWM LLC
Overland Park,
Kansas
|
+$1.15M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$864K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$428K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$15.7M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.34M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.08M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$2.37M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.34M |
EMD Hedge Fund Activity: Q2 2016 in Review
68 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q2 2016, worth a combined $127M — down 6.8% from $136M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EMD positions and 7 closed out — a net gain of 1 holder — while 24 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.16M. The largest seller was Parametric Portfolio Associates, cutting an estimated $15.7M.
- 68 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q2 2016, up from 67 in Q1 2016.
- Funds reported $127M of Western Asset Emerging Markets Debt Fund stock for Q2 2016, down 6.8% quarter-over-quarter.
- 8 funds opened new Western Asset Emerging Markets Debt Fund positions in Q2 2016 and 7 closed out, a net change of +1 holder.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q2 2016 was Morgan Stanley, an estimated $2.16M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2016.