Western Asset Emerging Markets Debt Fund
EMD
88 hedge funds and large institutions have $211M invested in Western Asset Emerging Markets Debt Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 12 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
3% more capital invested
Capital invested by funds: $206M → $211M (+$5.46M)
0.9% more ownership
Funds ownership: 39.16% → 40.06% (+0.9%)
4% less funds holding
Funds holding: 92 → 88 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$4.05M |
| 2 |
Morgan Stanley
New York
|
+$1.13M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$863K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$629K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.01M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$510K |
| 3 |
LPL Financial
San Diego,
California
|
-$489K |
| 4 |
Walleye Capital
New York
|
-$346K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$316K |
EMD Hedge Fund Activity: Q2 2023 in Review
88 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q2 2023, worth a combined $211M — up 2.7% from $206M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EMD and 8 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 27 added.
The largest buyer was Glovista Investments, opening a new position worth an estimated $4.05M. The largest seller was Logan Stone Capital, cutting an estimated $1.01M.
- 88 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q2 2023, down from 92 in Q1 2023.
- Funds reported $211M of Western Asset Emerging Markets Debt Fund stock for Q2 2023, up 2.7% quarter-over-quarter.
- 8 funds opened new Western Asset Emerging Markets Debt Fund positions in Q2 2023 and 12 closed out, a net change of -4 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q2 2023 was Glovista Investments, an estimated $4.05M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q2 2023 was Logan Stone Capital, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2023.