VanEck JP Morgan EM Local Currency Bond ETF
EMLC
82 hedge funds and large institutions have $541M invested in VanEck JP Morgan EM Local Currency Bond ETF in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 10 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $510M → $541M (+$31.6M)
1% more funds holding
Funds holding: 81 → 82 (+1)
0.89% more ownership
Funds ownership: 29.32% → 30.21% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
54% less call options, than puts
Call options by funds: $264K | Put options by funds: $568K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$13.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.55M |
| 4 |
QI
QS Investors
New York
|
+$4.19M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.33M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.74M |
| 3 |
Morgan Stanley
New York
|
-$2.39M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.13M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.99M |
EMLC Hedge Fund Activity: Q3 2014 in Review
82 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q3 2014, worth a combined $541M — up 6.2% from $510M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EMLC positions and 10 closed out — a net gain of 2 holders — while 32 added to existing stakes and 25 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $42M. The largest seller was Jane Street, exiting entirely with an estimated $8.33M sold.
- 82 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q3 2014, up from 81 in Q2 2014.
- Funds reported $541M of VanEck JP Morgan EM Local Currency Bond ETF stock for Q3 2014, up 6.2% quarter-over-quarter.
- 12 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q3 2014 and 10 closed out, a net change of +2 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q3 2014 was Managed Account Advisors, an estimated $42M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q3 2014 was Jane Street, an estimated $8.33M sold.
Based on aggregated 13F filings for Q3 2014.