Western Asset Emerging Markets Debt Fund
EMD
73 hedge funds and large institutions have $130M invested in Western Asset Emerging Markets Debt Fund in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
11% more funds holding
Funds holding: 66 → 73 (+7)
3% more capital invested
Capital invested by funds: $126M → $130M (+$4.29M)
0.43% more ownership
Funds ownership: 32.51% → 32.93% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.71M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.61M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$1.08M |
| 4 |
MM
Midas Management
New York
|
+$996K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$3.96M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.01M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.82M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.07M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IT
76
Independence Trust
Franklin,
Tennessee
| – | -$274K | -20,564 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$164K | -12,289 | Closed |
|
|
HCM
78
Hollencrest Capital Management
Newport Beach,
California
| – | -$161K | -12,085 | Closed |
|
|
BTS
79
BB&T Securities
Richmond,
Virginia
| – | -$144K | -10,879 | Closed |
|
80
Goldman Sachs
New York
| – | -$139K | -10,451 | Closed |
|
|
BCM
81
Brookstone Capital Management
Wheaton,
Illinois
| – | -$17K | -1,252 | Closed |
|
|
ZB
82
Zions Bancorporation
Salt Lake City,
Utah
| – | -$15K | -1,045 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$8K | -575 | Closed |
|
|
DLHL
84
Donald L. Hagan LLC
Sarasota,
Florida
| – | -$7K | -500 | Closed |
|
|
GI
85
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -42 | Closed |
|
EMD Hedge Fund Activity: Q4 2015 in Review
73 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2015, worth a combined $130M — up 3.4% from $126M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EMD positions and 11 closed out — a net gain of 7 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Bank of America, adding an estimated $1.71M. The largest seller was BCWM LLC, cutting an estimated $3.96M.
- 73 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2015, up from 66 in Q3 2015.
- Funds reported $130M of Western Asset Emerging Markets Debt Fund stock for Q4 2015, up 3.4% quarter-over-quarter.
- 18 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2015 and 11 closed out, a net change of +7 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2015 was Bank of America, an estimated $1.71M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q4 2015 was BCWM LLC, an estimated $3.96M sold.
Based on aggregated 13F filings for Q4 2015.