VanEck JP Morgan EM Local Currency Bond ETF
EMLC
268 hedge funds and large institutions have $2.27B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2023 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 74 increasing their positions, 90 reducing their positions, and 32 closing their positions.
1,200% more call options, than puts
Call options by funds: $104K | Put options by funds: $8K
88% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 32
12% more funds holding
Funds holding: 240 → 268 (+28)
2% more capital invested
Capital invested by funds: $2.22B → $2.27B (+$49.5M)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.84% less ownership
Funds ownership: 74.33% → 73.49% (-0.84%)
18% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$28.7M |
| 2 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$26.8M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$25.3M |
| 4 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$24.9M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$104M |
| 2 |
WAMC
Western Asset Management Company
Pasadena,
California
|
-$48.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$40.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$33.2M |
| 5 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$31M |
EMLC Hedge Fund Activity: Q4 2023 in Review
268 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q4 2023, worth a combined $2.27B — up 2.2% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new EMLC positions and 32 closed out — a net gain of 28 holders — while 74 added to existing stakes and 90 trimmed.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $28.7M. The largest seller was Charles Schwab, cutting an estimated $104M.
- 268 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q4 2023, up from 240 in Q3 2023.
- Funds reported $2.27B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q4 2023, up 2.2% quarter-over-quarter.
- 60 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q4 2023 and 32 closed out, a net change of +28 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q4 2023 was Verition Fund Management, an estimated $28.7M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q4 2023 was Charles Schwab, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2023.