iShares JPMorgan EM Local Currency Bond ETF
LEMB
81 hedge funds and large institutions have $306M invested in iShares JPMorgan EM Local Currency Bond ETF in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
13% more capital invested
Capital invested by funds: $272M → $306M (+$34.1M)
7.01% more ownership
Funds ownership: 36.66% → 43.66% (+7%)
7% more funds holding
Funds holding: 76 → 81 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $332K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$17.3M |
| 2 |
B
Barings
Charlotte,
North Carolina
|
+$7.61M |
| 3 |
Morgan Stanley
New York
|
+$3.27M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.78M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$7.24M |
| 2 |
VIP
Viewpoint Investment Partners
Calgary,
Alberta, Canada
|
-$5.94M |
| 3 |
BlackRock
New York
|
-$5.89M |
| 4 |
Goldman Sachs
New York
|
-$2.5M |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$920K |
LEMB Hedge Fund Activity: Q3 2019 in Review
81 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q3 2019, worth a combined $306M — up 13% from $272M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LEMB positions and 9 closed out — a net gain of 5 holders — while 18 added to existing stakes and 26 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $17.3M. The largest seller was Canada Life, exiting entirely with an estimated $7.24M sold.
- 81 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q3 2019, up from 76 in Q2 2019.
- Funds reported $306M of iShares JPMorgan EM Local Currency Bond ETF stock for Q3 2019, up 13% quarter-over-quarter.
- 14 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q3 2019 and 9 closed out, a net change of +5 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q3 2019 was Jane Street, an estimated $17.3M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q3 2019 was Canada Life, an estimated $7.24M sold.
Based on aggregated 13F filings for Q3 2019.