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EMD

Western Asset Emerging Markets Debt Fund

88 hedge funds and large institutions have $272M invested in Western Asset Emerging Markets Debt Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $236M → $272M (+$36.2M)

10% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 31

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.25% less ownership

Funds ownership: 36.89%36.64% (-0.25%)

5% less funds holding

Funds holding: 9388 (-5)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
88
Holders Change
-5
Holders Change %
-5.38%
% of All Funds
1.8%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
34
Reduced
31
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MGAM
1
McGowan Group Asset Management
Texas
$41.7M +$395K +34,338 +1%
PPA
2
Parametric Portfolio Associates
Washington
$36.9M +$725K +63,062 +2%
Morgan Stanley
3
Morgan Stanley
New York
$34.8M -$3.66M -318,736 -10%
Wells Fargo
4
Wells Fargo
California
$21M +$2.39M +208,156 +14%
RCM
5
Rivernorth Capital Management
Florida
$18.7M -$409K -35,571 -2%
SCM
6
Saba Capital Management
New York
$15.5M +$1.86M +161,754 +15%
Invesco
7
Invesco
Georgia
$13.7M +$709K +61,699 +6%
PCM
8
Penserra Capital Management
California
$9.32M +$358K +31,108 +4%
UBS Group
9
UBS Group
Switzerland
$8.82M -$156K -13,540 -2%
BPC
10
Banque Pictet & Cie
Switzerland
$8.22M -$649K -56,476 -8%
PNAA
11
Pictet North America Advisors
Switzerland
$8.22M -$649K -56,476 -8%
Bank of America
12
Bank of America
North Carolina
$6.53M -$132K -11,498 -2%
PMAM
13
Penn Mutual Asset Management
Pennsylvania
$4.3M
BRWA
14
B. Riley Wealth Advisors
Florida
$3.38M -$192K -16,684 -6%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$2.94M -$1.97M -171,203 -42%
First Trust Advisors
16
First Trust Advisors
Illinois
$2.72M -$133K -11,587 -5%
LPL Financial
17
LPL Financial
California
$2.16M +$243K +21,102 +14%
RJA
18
Raymond James & Associates
Florida
$2.04M +$352K +30,653 +23%
Stifel Financial
19
Stifel Financial
Missouri
$1.95M -$50.8K -4,422 -3%
CP
20
Camelot Portfolios
Ohio
$1.94M +$43.5K +3,785 +2%
Ameriprise
21
Ameriprise
Minnesota
$1.91M +$130K +11,305 +8%
AAM
22
Advisors Asset Management
Colorado
$1.77M -$328K -28,568 -17%
GC
23
Guggenheim Capital
Illinois
$1.67M -$385K -33,513 -20%
CRC
24
Curi RMB Capital
Illinois
$1.65M +$752K +65,443 +96%
MC
25
Matisse Capital
Oregon
$1.52M +$208K +18,085 +17%

EMD Hedge Fund Activity: Q2 2020 in Review

88 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q2 2020, worth a combined $272M — up 15% from $236M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of EMD and 8 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 34 added.

The largest buyer was Wells Fargo, adding an estimated $2.39M. The largest seller was Morgan Stanley, cutting an estimated $3.66M.

  • 88 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q2 2020, down from 93 in Q1 2020.
  • Funds reported $272M of Western Asset Emerging Markets Debt Fund stock for Q2 2020, up 15% quarter-over-quarter.
  • 8 funds opened new Western Asset Emerging Markets Debt Fund positions in Q2 2020 and 13 closed out, a net change of -5 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q2 2020 was Wells Fargo, an estimated $2.39M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q2 2020 was Morgan Stanley, an estimated $3.66M sold.

Based on aggregated 13F filings for Q2 2020.