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EMD

Western Asset Emerging Markets Debt Fund

95 hedge funds and large institutions have $321M invested in Western Asset Emerging Markets Debt Fund in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $307M → $321M (+$14.5M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 30

1.79% less ownership

Funds ownership: 41.13%39.34% (-1.8%)

5% less funds holding

Funds holding: 10095 (-5)

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

Holders
95
Holders Change
-5
Holders Change %
-5%
% of All Funds
2.06%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
14
Increased
30
Reduced
30
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$54.5M -$10.1M -747,306 -16%
Morgan Stanley
2
Morgan Stanley
New York
$50M +$2.11M +156,337 +4%
MGAM
3
McGowan Group Asset Management
Texas
$44M +$863K +63,830 +2%
PPA
4
Parametric Portfolio Associates
Washington
$36.7M +$2.28M +168,391 +7%
UBS Group
5
UBS Group
Switzerland
$29.7M +$3.01M +222,851 +11%
Wells Fargo
6
Wells Fargo
California
$14.4M +$871K +64,478 +7%
Invesco
7
Invesco
Georgia
$12.3M -$579K -42,841 -5%
VIA
8
Vident Investment Advisory
Georgia
$9.02M +$1.29M +95,623 +17%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$8.28M +$1.03M +76,337 +14%
Bank of America
10
Bank of America
North Carolina
$5.9M +$1.41M +104,658 +32%
1CP
11
1607 Capital Partners
Virginia
$5.85M +$299K +22,100 +5%
BRWA
12
B. Riley Wealth Advisors
Florida
$3.74M
CP
13
Camelot Portfolios
Ohio
$3.6M -$380K -28,122 -10%
First Trust Advisors
14
First Trust Advisors
Illinois
$3.13M +$162K +12,009 +6%
Macquarie Group
15
Macquarie Group
Australia
$2.53M
Geode Capital Management
16
Geode Capital Management
Massachusetts
$2.42M -$485K -35,863 -17%
RJA
17
Raymond James & Associates
Florida
$2.2M +$412K +30,475 +23%
Ameriprise
18
Ameriprise
Minnesota
$2.2M +$126K +9,345 +6%
BCI
19
Brinker Capital Investments
Pennsylvania
$1.96M -$46.1K -3,408 -2%
Stifel Financial
20
Stifel Financial
Missouri
$1.84M -$67.8K -5,021 -4%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$1.79M +$1.77M +131,000 New
PCM
22
PenderFund Capital Management
British Columbia, Canada
$1.67M
GC
23
Guggenheim Capital
Illinois
$1.49M +$475K +35,122 +47%
JG
24
Jefferies Group
New York
$1.29M +$1.28M +94,431 New
LPL Financial
25
LPL Financial
California
$1.24M +$179K +13,268 +17%

EMD Hedge Fund Activity: Q1 2019 in Review

95 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2019, worth a combined $321M — up 4.7% from $307M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of EMD and 14 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 30 added.

The largest buyer was UBS Group, adding an estimated $3.01M. The largest seller was Rivernorth Capital Management, cutting an estimated $10.1M.

  • 95 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2019, down from 100 in Q4 2018.
  • Funds reported $321M of Western Asset Emerging Markets Debt Fund stock for Q1 2019, up 4.7% quarter-over-quarter.
  • 14 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2019 and 19 closed out, a net change of -5 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2019 was UBS Group, an estimated $3.01M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $10.1M sold.

Based on aggregated 13F filings for Q1 2019.