iShares JPMorgan EM Local Currency Bond ETF
LEMB
89 hedge funds and large institutions have $364M invested in iShares JPMorgan EM Local Currency Bond ETF in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 37 reducing their positions, and 20 closing their positions.
4.79% more ownership
Funds ownership: 63% → 67.79% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less capital invested
Capital invested by funds: $384M → $364M (-$19.7M)
9% less funds holding
Funds holding: 98 → 89 (-9)
24% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 37
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$29.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$12.2M |
| 4 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$11.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$27.9M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$24.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.18M |
| 4 |
EAM
Erste Asset Management
Vienna,
Austria
|
-$3.66M |
| 5 |
BlackRock
New York
|
-$2.69M |
LEMB Hedge Fund Activity: Q3 2023 in Review
89 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q3 2023, worth a combined $364M — down 5.1% from $384M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of LEMB and 12 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 28 added.
The largest buyer was Jane Street, adding an estimated $29.9M. The largest seller was Schroder Investment Management Group, cutting an estimated $27.9M.
- 89 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q3 2023, down from 98 in Q2 2023.
- Funds reported $364M of iShares JPMorgan EM Local Currency Bond ETF stock for Q3 2023, down 5.1% quarter-over-quarter.
- 12 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q3 2023 and 20 closed out, a net change of -8 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q3 2023 was Jane Street, an estimated $29.9M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q3 2023 was Schroder Investment Management Group, an estimated $27.9M sold.
Based on aggregated 13F filings for Q3 2023.