VanEck JP Morgan EM Local Currency Bond ETF
EMLC
231 hedge funds and large institutions have $3.74B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 77 increasing their positions, 88 reducing their positions, and 42 closing their positions.
13,297% more call options, than puts
Call options by funds: $159M | Put options by funds: $1.19M
0.61% more ownership
Funds ownership: 75.34% → 75.95% (+0.61%)
3% less funds holding
Funds holding: 238 → 231 (-7)
7% less capital invested
Capital invested by funds: $4B → $3.74B (-$266M)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 88
14% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 42
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$86.8M |
| 2 |
BlackRock
New York
|
+$63.1M |
| 3 |
Jane Street
New York
|
+$36.6M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$23.9M |
| 5 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$146M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$67.4M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$57.5M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$31.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$31.2M |
EMLC Hedge Fund Activity: Q3 2019 in Review
231 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q3 2019, worth a combined $3.74B — down 6.6% from $4B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of EMLC and 36 opened new positions — a net loss of 6 holders — while 88 trimmed existing stakes and 77 added.
The largest buyer was Citigroup, adding an estimated $86.8M. The largest seller was HSBC Holdings, cutting an estimated $146M.
- 231 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q3 2019, down from 238 in Q2 2019.
- Funds reported $3.74B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q3 2019, down 6.6% quarter-over-quarter.
- 36 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q3 2019 and 42 closed out, a net change of -6 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q3 2019 was Citigroup, an estimated $86.8M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q3 2019 was HSBC Holdings, an estimated $146M sold.
Based on aggregated 13F filings for Q3 2019.