VanEck JP Morgan EM Local Currency Bond ETF
EMLC
215 hedge funds and large institutions have $3.32B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 67 increasing their positions, 78 reducing their positions, and 33 closing their positions.
85% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 33
37.96% more ownership
Funds ownership: 34.06% → 72.02% (+38%)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more funds holding
Funds holding: 190 → 215 (+25)
11% more capital invested
Capital invested by funds: $2.98B → $3.32B (+$342M)
14% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 78
93% less call options, than puts
Call options by funds: $303K | Put options by funds: $4.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$174M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$96.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$48.4M |
| 4 |
TAIM
TD Ameritrade Investment Management
Omaha,
Nebraska
|
+$37.8M |
| 5 |
TF
TIAA FSB
Jacksonville,
Florida
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$31M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$26.1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$24.7M |
| 4 |
SG Americas Securities
New York
|
-$13.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$12M |
EMLC Hedge Fund Activity: Q4 2018 in Review
215 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q4 2018, worth a combined $3.32B — up 11% from $2.98B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new EMLC positions and 33 closed out — a net gain of 28 holders — while 67 added to existing stakes and 78 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $174M. The largest seller was Bank of America, cutting an estimated $31M.
- 215 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q4 2018, up from 190 in Q3 2018.
- Funds reported $3.32B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q4 2018, up 11% quarter-over-quarter.
- 61 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q4 2018 and 33 closed out, a net change of +28 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q4 2018 was Bank of Nova Scotia, an estimated $174M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q4 2018 was Bank of America, an estimated $31M sold.
Based on aggregated 13F filings for Q4 2018.