VanEck JP Morgan EM Local Currency Bond ETF
EMLC
90 hedge funds and large institutions have $1.23B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 18 closing their positions.
371% more capital inflows, than outflows
Capital inflows: $298M | Capital outflows: $63.2M
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
14% more funds holding
Funds holding: 79 → 90 (+11)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$133M |
| 2 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$72.7M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$25.8M |
| 4 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$15M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Discovery Capital Management
South Norwalk,
Connecticut
|
-$33.5M |
| 2 |
IndexIQ Advisors
New York
|
-$11.3M |
| 3 |
Morgan Stanley
New York
|
-$5.66M |
| 4 |
QS Investors
New York
|
-$2.57M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$2.21M |
EMLC Hedge Fund Activity: Q2 2016 in Review
90 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q2 2016, worth a combined $1.23B — up 26% from $974M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EMLC positions and 18 closed out — a net gain of 11 holders — while 33 added to existing stakes and 20 trimmed.
The largest buyer was Bank of America, adding an estimated $133M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $33.5M sold.
- 90 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q2 2016, up from 79 in Q1 2016.
- Funds reported $1.23B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q2 2016, up 26% quarter-over-quarter.
- 29 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q2 2016 and 18 closed out, a net change of +11 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q2 2016 was Bank of America, an estimated $133M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q2 2016 was Discovery Capital Management, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2016.