iShares JPMorgan EM Local Currency Bond ETF
LEMB
70 hedge funds and large institutions have $278M invested in iShares JPMorgan EM Local Currency Bond ETF in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 10 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
52% more capital invested
Capital invested by funds: $183M → $278M (+$95.4M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 69 → 70 (+1)
0.04% more ownership
Funds ownership: 43.84% → 43.88% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$24.5M |
| 2 |
Jane Street
New York
|
+$21.1M |
| 3 |
BlackRock
New York
|
+$20.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$5.18M |
| 5 |
Morgan Stanley
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
-$10.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$8.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.68M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.66M |
| 5 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wolverine Trading
Chicago,
Illinois
| – | -$208K | -4,858 | Closed |
|
|
BDS
77
Banco de Sabadell
Miami,
Florida
| – | -$74K | -1,730 | Closed |
|
|
PFBT
78
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$14K | -322 | Closed |
|
|
AG
79
Advisor Group
Phoenix,
Arizona
| – | -$2K | -46 | Closed |
|
LEMB Hedge Fund Activity: Q1 2019 in Review
70 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q1 2019, worth a combined $278M — up 52% from $183M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LEMB positions and 10 closed out — a net gain of 2 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Gradient Investments, adding an estimated $24.5M. The largest seller was Barings, cutting an estimated $10.1M.
- 70 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q1 2019, up from 69 in Q4 2018.
- Funds reported $278M of iShares JPMorgan EM Local Currency Bond ETF stock for Q1 2019, up 52% quarter-over-quarter.
- 12 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q1 2019 and 10 closed out, a net change of +2 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q1 2019 was Gradient Investments, an estimated $24.5M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q1 2019 was Barings, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2019.