iShares JPMorgan EM Local Currency Bond ETF
LEMB
84 hedge funds and large institutions have $271M invested in iShares JPMorgan EM Local Currency Bond ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 10 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
2.47% less ownership
Funds ownership: 63.17% → 60.7% (-2.5%)
5% less funds holding
Funds holding: 88 → 84 (-4)
11% less capital invested
Capital invested by funds: $306M → $271M (-$34.5M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.05M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$3.06M |
| 4 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$1.27M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$22.1M |
| 2 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
-$8.39M |
| 3 |
Bank of New York Mellon
New York
|
-$8.34M |
| 4 |
Goldman Sachs
New York
|
-$2.9M |
| 5 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$1.96M |
LEMB Hedge Fund Activity: Q1 2024 in Review
84 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in iShares JPMorgan EM Local Currency Bond ETF (LEMB) for Q1 2024, worth a combined $271M — down 11% from $306M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LEMB and 8 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $8.1M. The largest seller was Jane Street, cutting an estimated $22.1M.
- 84 institutional investors held iShares JPMorgan EM Local Currency Bond ETF (LEMB) as of Q1 2024, down from 88 in Q4 2023.
- Funds reported $271M of iShares JPMorgan EM Local Currency Bond ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 8 funds opened new iShares JPMorgan EM Local Currency Bond ETF positions in Q1 2024 and 10 closed out, a net change of -2 holders.
- The largest iShares JPMorgan EM Local Currency Bond ETF buyer in Q1 2024 was BlackRock, an estimated $8.1M added.
- The largest iShares JPMorgan EM Local Currency Bond ETF seller in Q1 2024 was Jane Street, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2024.