iShares JPMorgan EM Local Currency Bond ETF
LEMB
83 hedge funds and large institutions have $378M invested in iShares JPMorgan EM Local Currency Bond ETF in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 11 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
6.7% more ownership
Funds ownership: 64.49% → 71.19% (+6.7%)
1% more funds holding
Funds holding: 82 → 83 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
2% less capital invested
Capital invested by funds: $386M → $378M (-$7.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$52.4M |
| 2 |
BlackRock
New York
|
+$10.5M |
| 3 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$8.14M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$5.82M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$29.8M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$27.9M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$18.7M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$14.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$5.75M |
LEMB Hedge Fund Activity: Q1 2021 in Review
83 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q1 2021, worth a combined $378M — down 2% from $386M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LEMB positions and 11 closed out — a net gain of 1 holder — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Municipal Employees' Retirement System of Michigan, opening a new position worth an estimated $52.4M. The largest seller was Jane Street, cutting an estimated $29.8M.
- 83 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q1 2021, up from 82 in Q4 2020.
- Funds reported $378M of iShares JPMorgan EM Local Currency Bond ETF stock for Q1 2021, down 2% quarter-over-quarter.
- 12 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q1 2021 and 11 closed out, a net change of +1 holder.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q1 2021 was Municipal Employees' Retirement System of Michigan, an estimated $52.4M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q1 2021 was Jane Street, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2021.