Western Asset Emerging Markets Debt Fund
EMD
95 hedge funds and large institutions have $247M invested in Western Asset Emerging Markets Debt Fund in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 18 reducing their positions, and 16 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 18
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
3.12% more ownership
Funds ownership: 34.81% → 37.93% (+3.1%)
0% more funds holding
Funds holding: 95 → 95 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $271M → $247M (-$23.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$27.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$9.21M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.48M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.72M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$44M |
| 2 |
PCM
Parsons Capital Management
Providence,
Rhode Island
|
-$884K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$774K |
| 4 |
BlackRock
New York
|
-$604K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
101
Oppenheimer & Co
New York
| – | -$182K | -14,231 | Closed |
|
|
AWM
102
Axxcess Wealth Management
Carlsbad,
California
| – | -$162K | -12,632 | Closed |
|
103
Rockefeller Capital Management
New York
| – | -$142K | -11,108 | Closed |
|
104
Nomura Holdings
Tokyo,
Japan
| – | -$128K | -10,000 | Closed |
|
|
RPCONE
105
Retirement Planning Company of New England
Warwick,
Rhode Island
| – | -$38K | -2,984 | Closed |
|
|
LFG
106
Larson Financial Group
St Louis,
Missouri
| – | -$30K | -2,350 | Closed |
|
|
FMP
107
Financial Management Professionals
Austin,
Texas
| – | -$23K | -1,782 | Closed |
|
|
FDCDDQ
108
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$15.9K | -1,240 | Closed |
|
|
WWMSC
109
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$7K | -550 | Closed |
|
|
CCA
110
Column Capital Advisors
Indianapolis,
Indiana
| – | -$1K | -75 | Closed |
|
111
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -65 | Closed |
|
EMD Hedge Fund Activity: Q1 2022 in Review
95 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2022, worth a combined $247M — down 8.6% from $271M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new EMD positions and 16 closed out — a net gain of 3 holders — while 42 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $27.5M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $44M sold.
- 95 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $247M of Western Asset Emerging Markets Debt Fund stock for Q1 2022, down 8.6% quarter-over-quarter.
- 19 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2022 and 16 closed out, a net change of +3 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $27.5M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2022 was McGowan Group Asset Management, an estimated $44M sold.
Based on aggregated 13F filings for Q1 2022.