Western Asset Emerging Markets Debt Fund
EMD
62 hedge funds and large institutions have $140M invested in Western Asset Emerging Markets Debt Fund in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 11 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
1.23% more ownership
Funds ownership: 31.38% → 32.61% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $142M → $140M (-$1.99M)
6% less funds holding
Funds holding: 66 → 62 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$4.07M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.4M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.03M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$735K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$866K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$781K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$707K |
| 4 |
Morgan Stanley
New York
|
-$392K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$373K |
EMD Hedge Fund Activity: Q2 2015 in Review
62 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q2 2015, worth a combined $140M — down 1.4% from $142M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EMD and 7 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 24 added.
The largest buyer was Vident Investment Advisory, opening a new position worth an estimated $4.07M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $866K sold.
- 62 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q2 2015, down from 66 in Q1 2015.
- Funds reported $140M of Western Asset Emerging Markets Debt Fund stock for Q2 2015, down 1.4% quarter-over-quarter.
- 7 funds opened new Western Asset Emerging Markets Debt Fund positions in Q2 2015 and 11 closed out, a net change of -4 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q2 2015 was Vident Investment Advisory, an estimated $4.07M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q2 2015 was Raymond James Financial Services Advisors, an estimated $866K sold.
Based on aggregated 13F filings for Q2 2015.