iShares JPMorgan EM Local Currency Bond ETF
LEMB
88 hedge funds and large institutions have $306M invested in iShares JPMorgan EM Local Currency Bond ETF in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 44 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 89 → 88 (-1)
4.63% less ownership
Funds ownership: 67.79% → 63.17% (-4.6%)
16% less capital invested
Capital invested by funds: $364M → $306M (-$57.8M)
43% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
+$7.95M |
| 2 |
Goldman Sachs
New York
|
+$2.8M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$2.68M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.19M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$18.2M |
| 2 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$15.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.4M |
| 4 |
LPL Financial
San Diego,
California
|
-$12M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$11.6M |
LEMB Hedge Fund Activity: Q4 2023 in Review
88 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q4 2023, worth a combined $306M — down 16% from $364M a quarter earlier.
Fund positioning in LEMB was balanced in Q4 2023: 12 funds opened new positions, 12 closed out, 25 added to existing stakes and 44 trimmed.
The largest buyer was Pictet North America Advisors, adding an estimated $7.95M. The largest seller was Bank of New York Mellon, cutting an estimated $18.2M.
- 88 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q4 2023, down from 89 in Q3 2023.
- Funds reported $306M of iShares JPMorgan EM Local Currency Bond ETF stock for Q4 2023, down 16% quarter-over-quarter.
- 12 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q4 2023 and 12 closed out, a net change of 0 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q4 2023 was Pictet North America Advisors, an estimated $7.95M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q4 2023 was Bank of New York Mellon, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2023.