iShares JPMorgan EM Local Currency Bond ETF
LEMB
32 hedge funds and large institutions have $155M invested in iShares JPMorgan EM Local Currency Bond ETF in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 10 closing their positions.
1.91% less ownership
Funds ownership: 26.6% → 24.69% (-1.9%)
5% less capital invested
Capital invested by funds: $163M → $155M (-$8.59M)
11% less funds holding
Funds holding: 36 → 32 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.34M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.2M |
| 3 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$1.01M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$967K |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$815K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.1M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$3.07M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.04M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.42M |
| 5 |
CWA
Convergent Wealth Advisors
Potomac,
Maryland
|
-$1.84M |
LEMB Hedge Fund Activity: Q3 2013 in Review
32 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q3 2013, worth a combined $155M — down 5.3% from $163M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LEMB and 6 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was Goldman Sachs, adding an estimated $9.34M. The largest seller was Morgan Stanley, cutting an estimated $11.1M.
- 32 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q3 2013, down from 36 in Q2 2013.
- Funds reported $155M of iShares JPMorgan EM Local Currency Bond ETF stock for Q3 2013, down 5.3% quarter-over-quarter.
- 6 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q3 2013 and 10 closed out, a net change of -4 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q3 2013 was Goldman Sachs, an estimated $9.34M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q3 2013 was Morgan Stanley, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2013.