Templeton Emerging Markets Income Fund
TEI
82 hedge funds and large institutions have $95M invested in Templeton Emerging Markets Income Fund in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1.52% less ownership
Funds ownership: 27.99% → 26.46% (-1.5%)
6% less funds holding
Funds holding: 87 → 82 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
23% less capital invested
Capital invested by funds: $123M → $95M (-$28.4M)
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.16M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$3.52M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.92M |
| 4 |
Morgan Stanley
New York
|
+$1.51M |
| 5 |
Goldman Sachs
New York
|
+$906K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.4M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.58M |
| 3 |
Millennium Management
New York
|
-$1.14M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$981K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$528K |
TEI Hedge Fund Activity: Q1 2020 in Review
82 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q1 2020, worth a combined $95M — down 23% from $123M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TEI and 14 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 22 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.16M. The largest seller was UBS Group, cutting an estimated $11.4M.
- 82 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q1 2020, down from 87 in Q4 2019.
- Funds reported $95M of Templeton Emerging Markets Income Fund stock for Q1 2020, down 23% quarter-over-quarter.
- 14 funds opened new Templeton Emerging Markets Income Fund positions in Q1 2020 and 17 closed out, a net change of -3 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q1 2020 was Rivernorth Capital Management, an estimated $4.16M added.
- The largest Templeton Emerging Markets Income Fund seller in Q1 2020 was UBS Group, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2020.