iShares JPMorgan EM Local Currency Bond ETF
LEMB
31 hedge funds and large institutions have $167M invested in iShares JPMorgan EM Local Currency Bond ETF in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 3 reducing their positions, and 6 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 3
0.36% more ownership
Funds ownership: 27.99% → 28.35% (+0.36%)
3% less capital invested
Capital invested by funds: $172M → $167M (-$5.29M)
3% less funds holding
Funds holding: 32 → 31 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.33M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.76M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$2.02M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.19M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$842K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$5.75M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$2.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.36M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$845K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$626K |
LEMB Hedge Fund Activity: Q3 2014 in Review
31 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q3 2014, worth a combined $167M — down 3.1% from $172M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEMB and 5 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 15 added.
The largest buyer was Goldman Sachs, adding an estimated $6.33M. The largest seller was Transamerica Financial Advisors, exiting entirely with an estimated $5.75M sold.
- 31 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q3 2014, down from 32 in Q2 2014.
- Funds reported $167M of iShares JPMorgan EM Local Currency Bond ETF stock for Q3 2014, down 3.1% quarter-over-quarter.
- 5 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q3 2014 and 6 closed out, a net change of -1 holder.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q3 2014 was Goldman Sachs, an estimated $6.33M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q3 2014 was Transamerica Financial Advisors, an estimated $5.75M sold.
Based on aggregated 13F filings for Q3 2014.