iShares JPMorgan EM Local Currency Bond ETF
LEMB
76 hedge funds and large institutions have $272M invested in iShares JPMorgan EM Local Currency Bond ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
9% more funds holding
Funds holding: 70 → 76 (+6)
2% less capital invested
Capital invested by funds: $278M → $272M (-$6.56M)
7.28% less ownership
Funds ownership: 43.88% → 36.59% (-7.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $370K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$4.77M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.23M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.97M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$25.3M |
| 2 |
BlackRock
New York
|
-$9.48M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$8.38M |
| 4 |
Morgan Stanley
New York
|
-$5.26M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$4.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
76
Parallel Advisors
San Francisco,
California
| $1K | +$1.11K | +25 | New |
|
|
77
Jane Street
New York
| – | -$25.3M | -576,543 | Closed |
|
|
MMA
78
Miracle Mile Advisors
Los Angeles,
California
| – | -$8.38M | -191,258 | Closed |
|
79
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$2.43M | -55,365 | Closed |
|
|
FMP
80
Financial Management Professionals
Austin,
Texas
| – | -$988K | -22,547 | Closed |
|
|
LPT
81
Legacy Private Trust
Neenah,
Wisconsin
| – | -$452K | -10,318 | Closed |
|
|
CPP
82
Crow Point Partners
Boston,
Massachusetts
| – | -$438K | -10,000 | Closed |
|
|
PCP
83
Proficio Capital Partners
Newton,
Massachusetts
| – | -$298K | -6,800 | Closed |
|
84
DZ Bank
Frankfurt Am Main,
Germany
| – | -$272K | -6,200 | Closed |
|
|
LFG
85
LifePlan Financial Group
Dayton,
Ohio
| – | -$4K | -102 | Closed |
|
|
CIM
86
Cambria Investment Management
Manhattan Beach,
California
| – | -$1K | -19 | Closed |
|
|
LTFS
87
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$133 | +3 | New |
|
LEMB Hedge Fund Activity: Q2 2019 in Review
76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q2 2019, worth a combined $272M — down 2.4% from $278M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new LEMB positions and 10 closed out — a net gain of 6 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Gradient Investments, adding an estimated $4.77M. The largest seller was Jane Street, exiting entirely with an estimated $25.3M sold.
- 76 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q2 2019, up from 70 in Q1 2019.
- Funds reported $272M of iShares JPMorgan EM Local Currency Bond ETF stock for Q2 2019, down 2.4% quarter-over-quarter.
- 16 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q2 2019 was Gradient Investments, an estimated $4.77M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q2 2019 was Jane Street, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2019.