VanEck JP Morgan EM Local Currency Bond ETF
EMLC
239 hedge funds and large institutions have $2.22B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 78 increasing their positions, 79 reducing their positions, and 34 closing their positions.
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
0% less funds holding
Funds holding: 240 → 239 (-1)
1% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 79
5.23% less ownership
Funds ownership: 79.54% → 74.31% (-5.2%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
18% less capital invested
Capital invested by funds: $2.7B → $2.22B (-$481M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFT
Nan Fung Trinity
Central, Hong Kong,
Hong Kong
|
+$55.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$46M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$26.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$19.4M |
| 5 |
Bank of New York Mellon
New York
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$207M |
| 2 |
Jane Street
New York
|
-$93.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$83.7M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$48M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$42.8M |
EMLC Hedge Fund Activity: Q3 2023 in Review
239 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q3 2023, worth a combined $2.22B — down 18% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new EMLC positions and 34 closed out — a net gain of 6 holders — while 78 added to existing stakes and 79 trimmed.
The largest buyer was Nan Fung Trinity, opening a new position worth an estimated $55.6M. The largest seller was Empower Advisory Group, cutting an estimated $207M.
- 239 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q3 2023, down from 240 in Q2 2023.
- Funds reported $2.22B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q3 2023, down 18% quarter-over-quarter.
- 40 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q3 2023 and 34 closed out, a net change of +6 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q3 2023 was Nan Fung Trinity, an estimated $55.6M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q3 2023 was Empower Advisory Group, an estimated $207M sold.
Based on aggregated 13F filings for Q3 2023.