VanEck JP Morgan EM Local Currency Bond ETF
EMLC
231 hedge funds and large institutions have $2.63B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 85 increasing their positions, 59 reducing their positions, and 37 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 59
30% more capital invested
Capital invested by funds: $2.02B → $2.63B (+$609M)
24% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 37
7.4% more ownership
Funds ownership: 71.24% → 78.64% (+7.4%)
2% more funds holding
Funds holding: 227 → 231 (+4)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
82% less call options, than puts
Call options by funds: $202K | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$269M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$94.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$92.6M |
| 4 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$87.2M |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$161M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$40M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$22.5M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$5.76M |
| 5 |
NYLIM
New York Life Investment Management
New York
|
-$4.91M |
EMLC Hedge Fund Activity: Q1 2023 in Review
231 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q1 2023, worth a combined $2.63B — up 30% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new EMLC positions and 37 closed out — a net gain of 9 holders — while 85 added to existing stakes and 59 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $269M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $161M.
- 231 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q1 2023, up from 227 in Q4 2022.
- Funds reported $2.63B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q1 2023, up 30% quarter-over-quarter.
- 46 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q1 2023 and 37 closed out, a net change of +9 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q1 2023 was Jane Street, an estimated $269M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q1 2023 was Charles Schwab Investment Advisory, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2023.