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EMD

Western Asset Emerging Markets Debt Fund

100 hedge funds and large institutions have $307M invested in Western Asset Emerging Markets Debt Fund in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 21 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

4% more funds holding

Funds holding: 96100 (+4)

0.38% less ownership

Funds ownership: 41.5%41.13% (-0.38%)

9% less capital invested

Capital invested by funds: $339M → $307M (-$31.5M)

40% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 35

Holders
100
Holders Change
+4
Holders Change %
+4.17%
% of All Funds
2.23%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
22
Increased
21
Reduced
35
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
51
Wolverine Asset Management
Illinois
$398K +$409K +32,436 New
QCIG
52
Quad-Cities Investment Group
Iowa
$392K -$81.9K -6,488 -17%
Commonwealth Equity Services
53
Commonwealth Equity Services
Massachusetts
$389K -$290K -22,990 -42%
LTFS
54
Ladenburg Thalmann Financial Services
Florida
$384K +$227K +17,945 +135%
AIC
55
Ameritas Investment Company
Nebraska
$358K +$368K +29,115 New
CHAM
56
Clear Harbor Asset Management
Connecticut
$325K +$7.2K +570 +2%
SI
57
Stephens Inc
Arkansas
$323K -$59.5K -4,715 -15%
CCP
58
Cardan Capital Partners
Colorado
$291K -$97.4K -7,716 -25%
PAS
59
Park Avenue Securities
New York
$278K -$30.8K -2,438 -10%
PFM
60
Probabilities Fund Management
New York
$272K +$14.8K +1,175 +6%
Walleye Trading
61
Walleye Trading
New York
$257K +$29K +2,300 +12%
OFG
62
OTA Financial Group
New York
$256K +$264K +20,877 New
VCM
63
Virtue Capital Management
Tennessee
$213K -$253K -20,046 -54%
TCPWM
64
Traverso Chambers Private Wealth Management
California
$195K +$200K +15,849 New
CIA
65
Capital Investment Advisors
Georgia
$191K -$50.4K -3,994 -20%
Cambridge Investment Research Advisors
66
Cambridge Investment Research Advisors
Iowa
$187K -$1.18M -93,145 -86%
MOS
67
MGO One Seven
Ohio
$169K -$27.4K -2,170 -14%
IA
68
IFP Advisors
Florida
$159K
MML Investors Services
69
MML Investors Services
Massachusetts
$141K +$8.56K +678 +6%
MWM
70
Merriman Wealth Management
Washington
$139K +$139K +11,000 New
Citigroup
71
Citigroup
New York
$82K -$101K -7,984 -55%
AG
72
Advisor Group
Arizona
$72K -$19K -1,508 -20%
RCM
73
Robinson Capital Management
Michigan
$49K
TJHA
74
Thomas J. Herzfeld Advisors
Florida
$47K +$48.1K +3,811 New
Northwestern Mutual Wealth Management
75
Northwestern Mutual Wealth Management
Wisconsin
$41K +$37.7K +2,987 +841%

EMD Hedge Fund Activity: Q4 2018 in Review

100 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2018, worth a combined $307M — down 9.3% from $339M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new EMD positions and 17 closed out — a net gain of 5 holders — while 21 added to existing stakes and 35 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $5.66M. The largest seller was Morgan Stanley, cutting an estimated $10.5M.

  • 100 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2018, up from 96 in Q3 2018.
  • Funds reported $307M of Western Asset Emerging Markets Debt Fund stock for Q4 2018, down 9.3% quarter-over-quarter.
  • 22 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2018 and 17 closed out, a net change of +5 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $5.66M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q4 2018 was Morgan Stanley, an estimated $10.5M sold.

Based on aggregated 13F filings for Q4 2018.