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EMD

Western Asset Emerging Markets Debt Fund

95 hedge funds and large institutions have $278M invested in Western Asset Emerging Markets Debt Fund in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

52% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 25

14% more capital invested

Capital invested by funds: $244M → $278M (+$34.2M)

9% more funds holding

Funds holding: 8795 (+8)

0.3% more ownership

Funds ownership: 32.57%32.88% (+0.3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
95
Holders Change
+8
Holders Change %
+9.2%
% of All Funds
1.68%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
18
Increased
38
Reduced
25
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MGAM
1
McGowan Group Asset Management
Texas
$47.7M +$698K +53,094 +2%
PPA
2
Parametric Portfolio Associates
Washington
$43.4M +$1.15M +87,355 +3%
Morgan Stanley
3
Morgan Stanley
New York
$41.7M +$1.6M +121,543 +4%
Wells Fargo
4
Wells Fargo
California
$23M +$337K +25,666 +2%
Invesco
5
Invesco
Georgia
$13.6M -$738K -56,165 -5%
RCM
6
Rivernorth Capital Management
Florida
$13M -$3.8M -289,297 -24%
PCM
7
Penserra Capital Management
California
$12M +$795K +60,455 +8%
UBS Group
8
UBS Group
Switzerland
$10.6M +$650K +49,440 +7%
SCM
9
Saba Capital Management
New York
$7.61M -$4.53M -344,274 -39%
Bank of America
10
Bank of America
North Carolina
$6.73M -$392K -29,797 -6%
PMAM
11
Penn Mutual Asset Management
Pennsylvania
$4.85M
BRWA
12
B. Riley Wealth Advisors
Florida
$4.19M +$342K +25,988 +9%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$4M +$657K +49,978 +21%
BCI
14
Brinker Capital Investments
Pennsylvania
$3.42M +$2.17M +164,884 +204%
LPL Financial
15
LPL Financial
California
$2.88M +$257K +19,516 +10%
First Trust Advisors
16
First Trust Advisors
Illinois
$2.86M -$117K -8,862 -4%
JG
17
Jefferies Group
New York
$2.85M -$20.3K -1,543 -0.7%
Ameriprise
18
Ameriprise
Minnesota
$2.34M +$41.8K +3,180 +2%
AAM
19
Advisors Asset Management
Colorado
$2.23M +$265K +20,144 +14%
Stifel Financial
20
Stifel Financial
Missouri
$2.04M -$47.2K -3,589 -2%
CP
21
Camelot Portfolios
Ohio
$1.91M +$86.3K +6,563 +5%
PCM
22
PenderFund Capital Management
British Columbia, Canada
$1.77M +$1.31M +100,000 New
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$1.72M +$35.7K +2,717 +2%
GC
24
Guggenheim Capital
Illinois
$1.7M +$100K +7,603 +7%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.22M -$21.1K -1,602 -2%

EMD Hedge Fund Activity: Q4 2020 in Review

95 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2020, worth a combined $278M — up 14% from $244M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new EMD positions and 10 closed out — a net gain of 8 holders — while 38 added to existing stakes and 25 trimmed.

The largest buyer was Brinker Capital Investments, adding an estimated $2.17M. The largest seller was Saba Capital Management, cutting an estimated $4.53M.

  • 95 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2020, up from 87 in Q3 2020.
  • Funds reported $278M of Western Asset Emerging Markets Debt Fund stock for Q4 2020, up 14% quarter-over-quarter.
  • 18 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2020 and 10 closed out, a net change of +8 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2020 was Brinker Capital Investments, an estimated $2.17M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q4 2020 was Saba Capital Management, an estimated $4.53M sold.

Based on aggregated 13F filings for Q4 2020.