VanEck JP Morgan EM Local Currency Bond ETF
EMLC
245 hedge funds and large institutions have $3.77B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2019 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 89 increasing their positions, 74 reducing their positions, and 34 closing their positions.
47% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 34
20% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 74
6% more funds holding
Funds holding: 231 → 245 (+14)
2.02% more ownership
Funds ownership: 75.95% → 77.96% (+2%)
1% more capital invested
Capital invested by funds: $3.74B → $3.77B (+$27.4M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$169M |
| 2 |
BlackRock
New York
|
+$57.2M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$40.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$33.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$392M |
| 2 |
Citigroup
New York
|
-$68.6M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$46.1M |
| 4 |
Jane Street
New York
|
-$42.2M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$19.9M |
EMLC Hedge Fund Activity: Q4 2019 in Review
245 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q4 2019, worth a combined $3.77B — up 0.73% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new EMLC positions and 34 closed out — a net gain of 16 holders — while 89 added to existing stakes and 74 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $169M. The largest seller was OMERS Administration Corp, exiting entirely with an estimated $392M sold.
- 245 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q4 2019, up from 231 in Q3 2019.
- Funds reported $3.77B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q4 2019, up 0.73% quarter-over-quarter.
- 50 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q4 2019 and 34 closed out, a net change of +16 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q4 2019 was Bank of Nova Scotia, an estimated $169M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q4 2019 was OMERS Administration Corp, an estimated $392M sold.
Based on aggregated 13F filings for Q4 2019.