Western Asset Emerging Markets Debt Fund
EMD
66 hedge funds and large institutions have $126M invested in Western Asset Emerging Markets Debt Fund in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 62 → 66 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.1% less ownership
Funds ownership: 32.61% → 32.51% (-0.1%)
10% less capital invested
Capital invested by funds: $140M → $126M (-$14.1M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.63M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.36M |
| 3 |
BL
BCWM LLC
Overland Park,
Kansas
|
+$1.77M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$959K |
| 5 |
Citigroup
New York
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.53M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.09M |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$983K |
| 5 |
Morgan Stanley
New York
|
-$905K |
EMD Hedge Fund Activity: Q3 2015 in Review
66 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q3 2015, worth a combined $126M — down 10% from $140M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EMD positions and 8 closed out — a net gain of 4 holders — while 15 added to existing stakes and 27 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.63M. The largest seller was UBS Group, cutting an estimated $2.53M.
- 66 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q3 2015, up from 62 in Q2 2015.
- Funds reported $126M of Western Asset Emerging Markets Debt Fund stock for Q3 2015, down 10% quarter-over-quarter.
- 12 funds opened new Western Asset Emerging Markets Debt Fund positions in Q3 2015 and 8 closed out, a net change of +4 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $2.63M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q3 2015 was UBS Group, an estimated $2.53M sold.
Based on aggregated 13F filings for Q3 2015.