Western Asset Emerging Markets Debt Fund
EMD
102 hedge funds and large institutions have $221M invested in Western Asset Emerging Markets Debt Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 18 reducing their positions, and 18 closing their positions.
161% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $220M → $221M (+$1.78M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.73% less ownership
Funds ownership: 39.02% → 38.29% (-0.73%)
10% less funds holding
Funds holding: 113 → 102 (-11)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.26M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.45M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.41M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cercano Management
Bellevue,
Washington
|
-$11.4M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.72M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$752K |
| 4 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$602K |
| 5 |
MG
Marex Group
London,
|
-$342K |
EMD Hedge Fund Activity: Q1 2025 in Review
102 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q1 2025, worth a combined $221M — up 0.81% from $220M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of EMD and 9 opened new positions — a net loss of 9 holders — while 18 trimmed existing stakes and 47 added.
The largest buyer was Morgan Stanley, adding an estimated $2.26M. The largest seller was Cercano Management, exiting entirely with an estimated $11.4M sold.
- 102 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q1 2025, down from 113 in Q4 2024.
- Funds reported $221M of Western Asset Emerging Markets Debt Fund stock for Q1 2025, up 0.81% quarter-over-quarter.
- 9 funds opened new Western Asset Emerging Markets Debt Fund positions in Q1 2025 and 18 closed out, a net change of -9 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q1 2025 was Morgan Stanley, an estimated $2.26M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q1 2025 was Cercano Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2025.