Western Asset Emerging Markets Debt Fund
EMD
101 hedge funds and large institutions have $221M invested in Western Asset Emerging Markets Debt Fund in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 8 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 23
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
2% more funds holding
Funds holding: 99 → 101 (+2)
1% less ownership
Funds ownership: 36.86% → 35.86% (-1%)
31% less capital inflows, than outflows
Capital inflows: $11.3M | Capital outflows: $16.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.73M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$877K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$693K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
+$665K |
| 5 |
Penserra Capital Management
Orinda,
California
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.85M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$4.84M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$966K |
EMD Hedge Fund Activity: Q4 2025 in Review
101 of the 8,302 institutional investors tracked by Wall St. Rank reported a position in Western Asset Emerging Markets Debt Fund (EMD) for Q4 2025, worth a combined $221M — up 0.18% from $221M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EMD positions and 8 closed out — a net gain of 6 holders — while 43 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.73M. The largest seller was Wells Fargo, cutting an estimated $4.85M.
- 101 institutional investors held Western Asset Emerging Markets Debt Fund (EMD) as of Q4 2025, up from 99 in Q3 2025.
- Funds reported $221M of Western Asset Emerging Markets Debt Fund stock for Q4 2025, up 0.18% quarter-over-quarter.
- 14 funds opened new Western Asset Emerging Markets Debt Fund positions in Q4 2025 and 8 closed out, a net change of +6 holders.
- The largest Western Asset Emerging Markets Debt Fund buyer in Q4 2025 was Morgan Stanley, an estimated $3.73M added.
- The largest Western Asset Emerging Markets Debt Fund seller in Q4 2025 was Wells Fargo, an estimated $4.85M sold.
Based on aggregated 13F filings for Q4 2025.