VanEck JP Morgan EM Local Currency Bond ETF
EMLC
328 hedge funds and large institutions have $2.8B invested in VanEck JP Morgan EM Local Currency Bond ETF in 2025 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 127 increasing their positions, 61 reducing their positions, and 33 closing their positions.
212% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 33
108% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 61
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
25% more funds holding
Funds holding: 263 → 328 (+65)
9% more capital invested
Capital invested by funds: $2.56B → $2.8B (+$241M)
0% more ownership
Funds ownership: 67.23% → 67.23% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PR
Payden & Rygel
Los Angeles,
California
|
+$62.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$55M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$47.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$34.2M |
| 5 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$94.4M |
| 2 |
D.E. Shaw & Co
New York
|
-$48.7M |
| 3 |
BlackRock
New York
|
-$44.7M |
| 4 |
Neuberger Berman Group
New York
|
-$38.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$20.8M |
EMLC Hedge Fund Activity: Q4 2025 in Review
328 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in VanEck JP Morgan EM Local Currency Bond ETF (EMLC) for Q4 2025, worth a combined $2.8B — up 9.4% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new EMLC positions and 33 closed out — a net gain of 70 holders — while 127 added to existing stakes and 61 trimmed.
The largest buyer was Payden & Rygel, opening a new position worth an estimated $62.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $94.4M.
- 328 institutional investors held VanEck JP Morgan EM Local Currency Bond ETF (EMLC) as of Q4 2025, up from 263 in Q3 2025.
- Funds reported $2.8B of VanEck JP Morgan EM Local Currency Bond ETF stock for Q4 2025, up 9.4% quarter-over-quarter.
- 103 funds opened new VanEck JP Morgan EM Local Currency Bond ETF positions in Q4 2025 and 33 closed out, a net change of +70 holders.
- The largest VanEck JP Morgan EM Local Currency Bond ETF buyer in Q4 2025 was Payden & Rygel, an estimated $62.3M added.
- The largest VanEck JP Morgan EM Local Currency Bond ETF seller in Q4 2025 was Manulife (Manufacturers Life Insurance), an estimated $94.4M sold.
Based on aggregated 13F filings for Q4 2025.