Templeton Emerging Markets Income Fund
TEI
66 hedge funds and large institutions have $77.9M invested in Templeton Emerging Markets Income Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 8 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.09% less ownership
Funds ownership: 11.57% → 11.48% (-0.09%)
5% less capital invested
Capital invested by funds: $81.9M → $77.9M (-$4.05M)
1% less funds holding
Funds holding: 67 → 66 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.56M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.07M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$955K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.33M |
| 2 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$3.12M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.9M |
| 4 |
FAAM
First Allied Asset Management
San Diego,
California
|
-$812K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$796K |
TEI Hedge Fund Activity: Q3 2013 in Review
66 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q3 2013, worth a combined $77.9M — down 4.9% from $81.9M a quarter earlier.
Fund positioning in TEI was balanced in Q3 2013: 8 funds opened new positions, 8 closed out, 26 added to existing stakes and 19 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $5.56M. The largest seller was Morgan Stanley, cutting an estimated $4.33M.
- 66 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q3 2013, down from 67 in Q2 2013.
- Funds reported $77.9M of Templeton Emerging Markets Income Fund stock for Q3 2013, down 4.9% quarter-over-quarter.
- 8 funds opened new Templeton Emerging Markets Income Fund positions in Q3 2013 and 8 closed out, a net change of 0 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q3 2013 was Guggenheim Capital, an estimated $5.56M added.
- The largest Templeton Emerging Markets Income Fund seller in Q3 2013 was Morgan Stanley, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2013.