iShares JPMorgan EM Local Currency Bond ETF
LEMB
77 hedge funds and large institutions have $204M invested in iShares JPMorgan EM Local Currency Bond ETF in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 19 closing their positions.
5.83% more ownership
Funds ownership: 51.14% → 56.97% (+5.8%)
13% less funds holding
Funds holding: 89 → 77 (-12)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
28% less capital invested
Capital invested by funds: $284M → $204M (-$80M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$34.4M |
| 2 |
ST
Spinnaker Trust
Portland,
Maine
|
+$9.59M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.94M |
| 4 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$4.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
-$28.8M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$15M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$13.1M |
| 4 |
Jane Street
New York
|
-$12.7M |
| 5 |
Morgan Stanley
New York
|
-$10.3M |
LEMB Hedge Fund Activity: Q1 2020 in Review
77 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q1 2020, worth a combined $204M — down 28% from $284M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LEMB and 11 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 21 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $34.4M. The largest seller was Barings, cutting an estimated $28.8M.
- 77 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q1 2020, down from 89 in Q4 2019.
- Funds reported $204M of iShares JPMorgan EM Local Currency Bond ETF stock for Q1 2020, down 28% quarter-over-quarter.
- 11 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q1 2020 and 19 closed out, a net change of -8 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q1 2020 was American Century Companies, an estimated $34.4M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q1 2020 was Barings, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2020.