Western Asset Emerging Markets Debt Fund
EMD
92 hedge funds and large institutions have $228M invested in Western Asset Emerging Markets Debt Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 14 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
1% less funds holding
Funds holding: 93 → 92 (-1)
18.38% less ownership
Funds ownership: 56.15% → 37.77% (-18%)
26% less capital invested
Capital invested by funds: $308M → $228M (-$80M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.3M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.27M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$999K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$959K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$88.8M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$10.8M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$3.81M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.47M |
| 5 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
101
Coldstream Capital Management
Bellevue,
Washington
| – | -$100K | -10,865 | Closed |
|
|
WW
102
Waterfront Wealth
Overland Park,
Kansas
| – | -$95.4K | -10,357 | Closed |
|
|
LNWWM
103
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$92.1K | -10,000 | Closed |
|
|
TC
104
Truvestments Capital
Sarasota,
Florida
| – | -$32.2K | -3,500 | Closed |
|
|
ASN
105
Advisory Services Network
Atlanta,
Georgia
| – | -$15.7K | -1,708 | Closed |
|
106
Fidelity Investments
Boston,
Massachusetts
| – | -$28 | -3 | Closed |
|
EMD Hedge Fund Activity: Q1 2024 in Review
92 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2024, worth a combined $228M — down 26% from $308M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EMD positions and 14 closed out — a net gain of 2 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $3.3M. The largest seller was Morgan Stanley, cutting an estimated $88.8M.
- 92 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2024, down from 93 in Q4 2023.
- Funds reported $228M of Western Asset Emerging Markets Debt Fund stock for Q1 2024, down 26% quarter-over-quarter.
- 16 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2024 and 14 closed out, a net change of +2 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2024 was Allspring Global Investments, an estimated $3.3M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2024 was Morgan Stanley, an estimated $88.8M sold.
Based on aggregated 13F filings for Q1 2024.