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EMD

Western Asset Emerging Markets Debt Fund

91 hedge funds and large institutions have $206M invested in Western Asset Emerging Markets Debt Fund in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 25

0.26% more ownership

Funds ownership: 38.86%39.12% (+0.26%)

5% less capital invested

Capital invested by funds: $216M → $206M (-$10.7M)

4% less funds holding

Funds holding: 9591 (-4)

25% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 16

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
91
Holders Change
-4
Holders Change %
-4.21%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
30
Reduced
25
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$99.7M +$5.65M +619,383 +6%
RCM
2
Rivernorth Capital Management
Florida
$14.4M -$1.59M -174,353 -9%
PCM
3
Penserra Capital Management
California
$9.37M -$178K -19,509 -2%
Invesco
4
Invesco
Georgia
$8.77M -$635K -69,668 -6%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$7.67M +$561K +61,505 +7%
PCM
6
PenderFund Capital Management
British Columbia, Canada
$6.46M +$1.34M +146,712 +36%
UBS Group
7
UBS Group
Switzerland
$6.27M -$3.51K -385 -0.1%
Wells Fargo
8
Wells Fargo
California
$5.08M -$2.88M -316,097 -35%
BRWA
9
B. Riley Wealth Advisors
Florida
$4.72M -$43.3K -4,754 -0.9%
LPL Financial
10
LPL Financial
California
$3.91M +$1.42M +155,825 +52%
Osaic Holdings
11
Osaic Holdings
Arizona
$3.17M +$866K +95,012 +35%
RJA
12
Raymond James & Associates
Florida
$2.77M +$286K +31,391 +11%
LSC
13
Logan Stone Capital
Illinois
$2.72M +$404K +44,314 +16%
Bank of America
14
Bank of America
North Carolina
$2.57M -$1.66M -181,848 -38%
GC
15
Guggenheim Capital
Illinois
$2.48M +$111K +12,170 +4%
Cohen & Steers
16
Cohen & Steers
New York
$2.23M
Ameriprise
17
Ameriprise
Minnesota
$2.23M +$150K +16,450 +7%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$2.21M +$79.2K +8,683 +3%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$1.66M +$435K +47,669 +33%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1.52M +$122K +13,379 +8%
IWC
21
Integrated Wealth Concepts
Massachusetts
$1.12M +$32.9K +3,603 +3%
PMAM
22
Penn Mutual Asset Management
Pennsylvania
$980K
SFS
23
Shaker Financial Services
Virginia
$861K +$529K +58,065 +140%
NA
24
NewEdge Advisors
Louisiana
$839K -$26.4K -2,900 -3%
CP
25
Camelot Portfolios
Ohio
$698K -$92.7K -10,169 -11%

EMD Hedge Fund Activity: Q1 2023 in Review

91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2023, worth a combined $206M — down 5% from $216M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of EMD and 12 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 30 added.

The largest buyer was Morgan Stanley, adding an estimated $5.65M. The largest seller was Wells Fargo, cutting an estimated $2.88M.

  • 91 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2023, down from 95 in Q4 2022.
  • Funds reported $206M of Western Asset Emerging Markets Debt Fund stock for Q1 2023, down 5% quarter-over-quarter.
  • 12 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2023 and 16 closed out, a net change of -4 holders.
  • The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2023 was Morgan Stanley, an estimated $5.65M added.
  • The largest Western Asset Emerging Markets Debt Fund seller in Q1 2023 was Wells Fargo, an estimated $2.88M sold.

Based on aggregated 13F filings for Q1 2023.