VanEck JP Morgan EM Local Currency Bond ETF
EMLC
210 hedge funds and large institutions have $2.43B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 92 reducing their positions, and 60 closing their positions.
27% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.09M
2.15% less ownership
Funds ownership: 77.96% → 75.81% (-2.2%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
14% less funds holding
Funds holding: 245 → 210 (-35)
36% less capital invested
Capital invested by funds: $3.77B → $2.43B (-$1.34B)
39% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 92
48% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$45M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$34M |
| 3 |
SG Americas Securities
New York
|
+$19.4M |
| 4 |
PCA
Personal Capital Advisors
Redwood City,
California
|
+$12.7M |
| 5 |
Citigroup
New York
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$181M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$164M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$108M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$52.5M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$39.3M |
EMLC Hedge Fund Activity: Q1 2020 in Review
210 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q1 2020, worth a combined $2.43B — down 36% from $3.77B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of EMLC and 31 opened new positions — a net loss of 29 holders — while 92 trimmed existing stakes and 56 added.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $45M. The largest seller was BlackRock, cutting an estimated $181M.
- 210 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q1 2020, down from 245 in Q4 2019.
- Funds reported $2.43B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q1 2020, down 36% quarter-over-quarter.
- 31 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q1 2020 and 60 closed out, a net change of -29 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q1 2020 was State of Wisconsin Investment Board, an estimated $45M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q1 2020 was BlackRock, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2020.