iShares JPMorgan EM Local Currency Bond ETF
LEMB
30 hedge funds and large institutions have $164M invested in iShares JPMorgan EM Local Currency Bond ETF in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 12 closing their positions.
2.45% less ownership
Funds ownership: 30.67% → 28.21% (-2.5%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
13% less capital invested
Capital invested by funds: $189M → $164M (-$24.2M)
14% less funds holding
Funds holding: 35 → 30 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $318K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.13M |
| 2 |
PI
PineBridge Investments
New York
|
+$3.33M |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$2.84M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.17M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$15.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.2M |
| 3 |
Jane Street
New York
|
-$8.91M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$3.16M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.71M |
LEMB Hedge Fund Activity: Q1 2014 in Review
30 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q1 2014, worth a combined $164M — down 13% from $189M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LEMB and 7 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, adding an estimated $8.13M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $15.9M sold.
- 30 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q1 2014, down from 35 in Q4 2013.
- Funds reported $164M of iShares JPMorgan EM Local Currency Bond ETF stock for Q1 2014, down 13% quarter-over-quarter.
- 7 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q1 2014 and 12 closed out, a net change of -5 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q1 2014 was Goldman Sachs, an estimated $8.13M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q1 2014 was Allianz Asset Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2014.