Western Asset Emerging Markets Debt Fund
EMD
93 hedge funds and large institutions have $229M invested in Western Asset Emerging Markets Debt Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 14 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
5% more capital invested
Capital invested by funds: $219M → $229M (+$9.87M)
1% less funds holding
Funds holding: 94 → 93 (-1)
1.95% less ownership
Funds ownership: 39.79% → 37.84% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.3M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.27M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$999K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$959K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$10.8M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$3.81M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.47M |
| 4 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$1.05M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$449K |
EMD Hedge Fund Activity: Q1 2024 in Review
93 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2024, worth a combined $229M — up 4.5% from $219M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EMD positions and 14 closed out — a net gain of 2 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $3.3M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $10.8M sold.
- 93 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2024, down from 94 in Q4 2023.
- Funds reported $229M of Western Asset Emerging Markets Debt Fund stock for Q1 2024, up 4.5% quarter-over-quarter.
- 16 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2024 and 14 closed out, a net change of +2 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2024 was Allspring Global Investments, an estimated $3.3M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2024 was Penserra Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2024.