Western Asset Emerging Markets Debt Fund
EMD
91 hedge funds and large institutions have $206M invested in Western Asset Emerging Markets Debt Fund in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 16 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 25
0.26% more ownership
Funds ownership: 38.86% → 39.12% (+0.26%)
5% less capital invested
Capital invested by funds: $216M → $206M (-$10.7M)
4% less funds holding
Funds holding: 95 → 91 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.65M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.42M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$1.34M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$866K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$561K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.88M |
| 2 |
GA
GraniteShares Advisors
New York
|
-$2.35M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.66M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.59M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$742K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCC
101
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$29.7K | -3,257 | Closed |
|
|
GRP
102
Global Retirement Partners
San Rafael,
California
| – | -$28.9K | -3,172 | Closed |
|
103
Bessemer Group
Woodbridge,
New Jersey
| – | -$13K | -1,443 | Closed |
|
104
Rockefeller Capital Management
New York
| – | -$1K | -212 | Closed |
|
|
CAS
105
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.25K | -137 | Closed |
|
|
CASC
106
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$1.25K | -137 | Closed |
|
|
NSIM
107
North Star Investment Management
Chicago,
Illinois
| – | -$662 | -73 | Closed |
|
EMD Hedge Fund Activity: Q1 2023 in Review
91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2023, worth a combined $206M — down 5% from $216M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of EMD and 12 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 30 added.
The largest buyer was Morgan Stanley, adding an estimated $5.65M. The largest seller was Wells Fargo, cutting an estimated $2.88M.
- 91 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2023, down from 95 in Q4 2022.
- Funds reported $206M of Western Asset Emerging Markets Debt Fund stock for Q1 2023, down 5% quarter-over-quarter.
- 12 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2023 and 16 closed out, a net change of -4 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2023 was Morgan Stanley, an estimated $5.65M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2023 was Wells Fargo, an estimated $2.88M sold.
Based on aggregated 13F filings for Q1 2023.