Western Asset Emerging Markets Debt Fund
EMD
93 hedge funds and large institutions have $321M invested in Western Asset Emerging Markets Debt Fund in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
11% more funds holding
Funds holding: 84 → 93 (+9)
8% more capital invested
Capital invested by funds: $296M → $321M (+$24.6M)
2.46% more ownership
Funds ownership: 31.44% → 33.9% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$31.4M |
| 2 |
Morgan Stanley
New York
|
+$2.58M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.32M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.73M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.48M |
| 3 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$2.43M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.13M |
| 5 |
Millennium Management
New York
|
-$1.09M |
EMD Hedge Fund Activity: Q2 2017 in Review
93 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q2 2017, worth a combined $321M — up 8.3% from $296M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EMD positions and 7 closed out — a net gain of 9 holders — while 36 added to existing stakes and 19 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $31.4M. The largest seller was Saba Capital Management, cutting an estimated $9.73M.
- 93 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q2 2017, up from 84 in Q1 2017.
- Funds reported $321M of Western Asset Emerging Markets Debt Fund stock for Q2 2017, up 8.3% quarter-over-quarter.
- 16 funds opened new Western Asset Emerging Markets Debt Fund positions in Q2 2017 and 7 closed out, a net change of +9 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $31.4M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q2 2017 was Saba Capital Management, an estimated $9.73M sold.
Based on aggregated 13F filings for Q2 2017.