VanEck JP Morgan EM Local Currency Bond ETF
EMLC
100 hedge funds and large institutions have $1.7B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 27 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
0% less capital invested
Capital invested by funds: $1.71B → $1.7B (-$8.3M)
1.93% less ownership
Funds ownership: 37.99% → 36.06% (-1.9%)
5% less funds holding
Funds holding: 105 → 100 (-5)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less call options, than puts
Call options by funds: $496K | Put options by funds: $840K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$106M |
| 2 |
Citigroup
New York
|
+$95.4M |
| 3 |
VA
Valmark Advisers
Akron,
Ohio
|
+$44.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$18.2M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$123M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$26.7M |
| 3 |
AssetMark Inc
Concord,
California
|
-$18.6M |
| 4 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$14.7M |
| 5 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
-$10M |
EMLC Hedge Fund Activity: Q4 2016 in Review
100 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q4 2016, worth a combined $1.7B — down 0.49% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of EMLC and 24 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 38 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $106M. The largest seller was Bank of America, cutting an estimated $123M.
- 100 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q4 2016, down from 105 in Q3 2016.
- Funds reported $1.7B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q4 2016, down 0.49% quarter-over-quarter.
- 24 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q4 2016 and 27 closed out, a net change of -3 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q4 2016 was Charles Schwab Investment Advisory, an estimated $106M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q4 2016 was Bank of America, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2016.