Western Asset Emerging Markets Debt Fund
EMD
68 hedge funds and large institutions have $137M invested in Western Asset Emerging Markets Debt Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
8% more capital invested
Capital invested by funds: $127M → $137M (+$9.97M)
0.67% more ownership
Funds ownership: 28.64% → 29.31% (+0.67%)
0% more funds holding
Funds holding: 68 → 68 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$10.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.05M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$796K |
| 4 |
Morgan Stanley
New York
|
+$795K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.96M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.65M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$937K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$851K |
| 5 |
Citigroup
New York
|
-$506K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -524 | Closed |
|
|
TWA
77
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -100 | Closed |
|
EMD Hedge Fund Activity: Q3 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 Q3 2016, worth a combined $137M — up 7.9% from $127M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EMD positions and 9 closed out — a net gain of 2 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was McGowan Group Asset Management, opening a new position worth an estimated $10.2M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.96M.
- 68 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $137M of Western Asset Emerging Markets Debt Fund stock for Q3 2016, up 7.9% quarter-over-quarter.
- 11 funds opened new Western Asset Emerging Markets Debt Fund positions in Q3 2016 and 9 closed out, a net change of +2 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q3 2016 was McGowan Group Asset Management, an estimated $10.2M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $7.96M sold.
Based on aggregated 13F filings for Q3 2016.