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EMD

Western Asset Emerging Markets Debt Fund

92 hedge funds and large institutions have $228M invested in Western Asset Emerging Markets Debt Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 21

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

1% less funds holding

Funds holding: 9392 (-1)

18.38% less ownership

Funds ownership: 56.15%37.77% (-18%)

26% less capital invested

Capital invested by funds: $308M → $228M (-$80M)

Holders
92
Holders Change
-1
Holders Change %
-1.08%
% of All Funds
1.33%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
37
Reduced
21
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$94.3M -$88.8M -9,689,115 -50%
Pathstone Holdings
2
Pathstone Holdings
New Jersey
$17.6M +$69.9K +7,625 +0.4%
RCM
3
Rivernorth Capital Management
Florida
$15.5M
PCM
4
PenderFund Capital Management
British Columbia, Canada
$13.4M -$3.81M -415,995 -99%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$12M +$3.3M +359,404 +40%
Invesco
6
Invesco
Georgia
$9.54M +$357K +38,884 +4%
Wells Fargo
7
Wells Fargo
California
$6.98M +$62.5K +6,817 +0.9%
UBS Group
8
UBS Group
Switzerland
$5.47M +$323K +35,207 +7%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$3.9M +$70.4K +7,676 +2%
BRWA
10
B. Riley Wealth Advisors
Florida
$3.87M -$449K -48,934 -10%
LPL Financial
11
LPL Financial
California
$3.11M +$174K +18,990 +6%
Bank of America
12
Bank of America
North Carolina
$3.07M +$315K +34,313 +12%
RC
13
Rareview Capital
Nevada
$2.83M -$155K -16,868 -5%
Ameriprise
14
Ameriprise
Minnesota
$2.82M -$68.1K -7,426 -2%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$2.6M +$209K +22,829 +9%
Cohen & Steers
16
Cohen & Steers
New York
$2.5M
AAM
17
Advisors Asset Management
Colorado
$2.48M +$999K +108,941 +73%
CA
18
Cetera Advisors
Colorado
$2.38M +$2.27M +247,860 New
GC
19
Guggenheim Capital
Illinois
$2.17M -$57.9K -6,319 -3%
LCM
20
Landscape Capital Management
New Jersey
$2.03M +$959K +104,589 +98%
RJA
21
Raymond James & Associates
Florida
$1.72M +$248K +27,037 +18%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.53M +$119K +12,994 +9%
SFS
23
Shaker Financial Services
Virginia
$1.25M +$757K +82,523 +180%
IWC
24
Integrated Wealth Concepts
Massachusetts
$1.17M -$28.8K -3,142 -3%
HighTower Advisors
25
HighTower Advisors
Illinois
$776K +$643K +70,157 +700%

EMD Hedge Fund Activity: Q1 2024 in Review

92 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2024, worth a combined $228M — down 26% from $308M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new EMD positions and 14 closed out — a net gain of 2 holders — while 37 added to existing stakes and 21 trimmed.

The largest buyer was Allspring Global Investments, adding an estimated $3.3M. The largest seller was Morgan Stanley, cutting an estimated $88.8M.

  • 92 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2024, down from 93 in Q4 2023.
  • Funds reported $228M of Western Asset Emerging Markets Debt Fund stock for Q1 2024, down 26% 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 Morgan Stanley, an estimated $88.8M sold.

Based on aggregated 13F filings for Q1 2024.