VanEck JP Morgan EM Local Currency Bond ETF
EMLC
78 hedge funds and large institutions have $484M invested in VanEck JP Morgan EM Local Currency Bond ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 34 reducing their positions, and 14 closing their positions.
0.77% more ownership
Funds ownership: 27.59% → 28.37% (+0.77%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
3% less funds holding
Funds holding: 80 → 78 (-2)
7% less capital invested
Capital invested by funds: $519M → $484M (-$35M)
26% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
+$19.3M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$9.03M |
| 3 |
PI
PineBridge Investments
New York
|
+$8.35M |
| 4 |
Jane Street
New York
|
+$5.07M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$21.6M |
| 2 |
Barclays
London,
United Kingdom
|
-$14.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.7M |
| 4 |
Morgan Stanley
New York
|
-$11.3M |
| 5 |
LPL Financial
San Diego,
California
|
-$9.83M |
EMLC Hedge Fund Activity: Q1 2014 in Review
78 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q1 2014, worth a combined $484M — down 6.7% from $519M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EMLC and 13 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 25 added.
The largest buyer was QS Investors, adding an estimated $19.3M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $21.6M sold.
- 78 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q1 2014, down from 80 in Q4 2013.
- Funds reported $484M of VanEck JP Morgan EM Local Currency Bond ETF stock for Q1 2014, down 6.7% quarter-over-quarter.
- 13 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q1 2014 and 14 closed out, a net change of -1 holder.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q1 2014 was QS Investors, an estimated $19.3M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q1 2014 was Bank of New York Mellon, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2014.