Western Asset Emerging Markets Debt Fund
EMD
113 hedge funds and large institutions have $220M invested in Western Asset Emerging Markets Debt Fund in 2024 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
14% more funds holding
Funds holding: 99 → 113 (+14)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.8% more ownership
Funds ownership: 38.23% → 39.02% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $227M → $220M (-$7.56M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cercano Management
Bellevue,
Washington
|
+$11.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.69M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.25M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.51M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.58M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.03M |
EMD Hedge Fund Activity: Q4 2024 in Review
113 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2024, worth a combined $220M — down 3.3% from $227M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EMD positions and 9 closed out — a net gain of 16 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was Cercano Management, opening a new position worth an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $15.1M.
- 113 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2024, up from 99 in Q3 2024.
- Funds reported $220M of Western Asset Emerging Markets Debt Fund stock for Q4 2024, down 3.3% quarter-over-quarter.
- 25 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2024 and 9 closed out, a net change of +16 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2024 was Cercano Management, an estimated $11.7M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q4 2024 was Morgan Stanley, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2024.