iShares JPMorgan EM Local Currency Bond ETF
LEMB
35 hedge funds and large institutions have $189M invested in iShares JPMorgan EM Local Currency Bond ETF in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
22% more capital invested
Capital invested by funds: $155M → $189M (+$33.9M)
9% more funds holding
Funds holding: 32 → 35 (+3)
5.97% more ownership
Funds ownership: 24.69% → 30.67% (+6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$16.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.5M |
| 3 |
Jane Street
New York
|
+$8.39M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.73M |
| 5 |
Goldman Sachs
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.94M |
| 2 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$1.19M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1.03M |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$522K |
LEMB Hedge Fund Activity: Q4 2013 in Review
35 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q4 2013, worth a combined $189M — up 22% from $155M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LEMB positions and 8 closed out — a net gain of 3 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $16.1M. The largest seller was Bank of America, cutting an estimated $4.94M.
- 35 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q4 2013, up from 32 in Q3 2013.
- Funds reported $189M of iShares JPMorgan EM Local Currency Bond ETF stock for Q4 2013, up 22% quarter-over-quarter.
- 11 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q4 2013 and 8 closed out, a net change of +3 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q4 2013 was Allianz Asset Management, an estimated $16.1M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q4 2013 was Bank of America, an estimated $4.94M sold.
Based on aggregated 13F filings for Q4 2013.