VanEck JP Morgan EM Local Currency Bond ETF
EMLC
221 hedge funds and large institutions have $2.21B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 81 increasing their positions, 63 reducing their positions, and 36 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 63
2.99% more ownership
Funds ownership: 63.97% → 66.96% (+3%)
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
1% less funds holding
Funds holding: 223 → 221 (-2)
5% less capital invested
Capital invested by funds: $2.33B → $2.21B (-$113M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAMC
Western Asset Management Company
Pasadena,
California
|
+$32.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$31.6M |
| 3 |
PCA
Personal Capital Advisors
Redwood City,
California
|
+$28.9M |
| 4 |
Jane Street
New York
|
+$18M |
| 5 |
Citigroup
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$50.3M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$37.8M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$21.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 5 |
Renaissance Technologies
New York
|
-$10.8M |
EMLC Hedge Fund Activity: Q1 2021 in Review
221 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q1 2021, worth a combined $2.21B — down 4.8% from $2.33B a quarter earlier.
Fund positioning in EMLC was balanced in Q1 2021: 36 funds opened new positions, 36 closed out, 81 added to existing stakes and 63 trimmed.
The largest buyer was Western Asset Management Company, opening a new position worth an estimated $32.9M. The largest seller was CIBC Asset Management, cutting an estimated $50.3M.
- 221 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q1 2021, down from 223 in Q4 2020.
- Funds reported $2.21B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q1 2021, down 4.8% quarter-over-quarter.
- 36 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q1 2021 and 36 closed out, a net change of 0 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q1 2021 was Western Asset Management Company, an estimated $32.9M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q1 2021 was CIBC Asset Management, an estimated $50.3M sold.
Based on aggregated 13F filings for Q1 2021.