VanEck JP Morgan EM Local Currency Bond ETF
EMLC
241 hedge funds and large institutions have $2.7B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 87 increasing their positions, 73 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
19% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 73
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
4% more funds holding
Funds holding: 231 → 241 (+10)
3% more capital invested
Capital invested by funds: $2.63B → $2.7B (+$73.6M)
0.92% more ownership
Funds ownership: 78.64% → 79.56% (+0.92%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $757K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$75.7M |
| 2 |
BlackRock
New York
|
+$60.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$42.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$40.2M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$164M |
| 2 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$22.9M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.1M |
| 4 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$9.61M |
| 5 |
NYLIM
New York Life Investment Management
New York
|
-$8.94M |
EMLC Hedge Fund Activity: Q2 2023 in Review
241 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q2 2023, worth a combined $2.7B — up 2.8% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new EMLC positions and 22 closed out — a net gain of 13 holders — while 87 added to existing stakes and 73 trimmed.
The largest buyer was Varma Mutual Pension Insurance Co, opening a new position worth an estimated $75.7M. The largest seller was Jane Street, cutting an estimated $164M.
- 241 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q2 2023, up from 231 in Q1 2023.
- Funds reported $2.7B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q2 2023, up 2.8% quarter-over-quarter.
- 35 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q2 2023 and 22 closed out, a net change of +13 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q2 2023 was Varma Mutual Pension Insurance Co, an estimated $75.7M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q2 2023 was Jane Street, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2023.