VanEck JP Morgan EM Local Currency Bond ETF
EMLC
194 hedge funds and large institutions have $2.36B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 81 reducing their positions, and 39 closing their positions.
3% less capital invested
Capital invested by funds: $2.43B → $2.36B (-$65.1M)
4.62% less ownership
Funds ownership: 75.81% → 71.19% (-4.6%)
8% less funds holding
Funds holding: 210 → 194 (-16)
32% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 81
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
41% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 39
96% less call options, than puts
Call options by funds: $633K | Put options by funds: $17.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$73.4M |
| 2 |
Jane Street
New York
|
+$45M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$20.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$17M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$178M |
| 2 |
Citigroup
New York
|
-$83.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.9M |
| 4 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$20.9M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$19.9M |
EMLC Hedge Fund Activity: Q2 2020 in Review
194 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q2 2020, worth a combined $2.36B — down 2.7% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of EMLC and 23 opened new positions — a net loss of 16 holders — while 81 trimmed existing stakes and 55 added.
The largest buyer was Bank of Nova Scotia, adding an estimated $73.4M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $178M.
- 194 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q2 2020, down from 210 in Q1 2020.
- Funds reported $2.36B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q2 2020, down 2.7% quarter-over-quarter.
- 23 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q2 2020 and 39 closed out, a net change of -16 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q2 2020 was Bank of Nova Scotia, an estimated $73.4M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q2 2020 was Charles Schwab Investment Advisory, an estimated $178M sold.
Based on aggregated 13F filings for Q2 2020.