Templeton Emerging Markets Income Fund
TEI
69 hedge funds and large institutions have $71.2M invested in Templeton Emerging Markets Income Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 16 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $69.3M → $71.2M (+$1.83M)
0.1% less ownership
Funds ownership: 10.68% → 10.58% (-0.1%)
9% less funds holding
Funds holding: 76 → 69 (-7)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.76M |
| 2 |
NCA
New Century Advisors
Chevy Chase,
Maryland
|
+$1.72M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.12M |
| 4 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$702K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.15M |
| 2 |
HC
Highmount Capital
New York
|
-$901K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$566K |
| 4 |
SG Americas Securities
New York
|
-$469K |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$434K |
TEI Hedge Fund Activity: Q1 2014 in Review
69 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q1 2014, worth a combined $71.2M — up 2.6% from $69.3M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TEI and 9 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was Wells Fargo, adding an estimated $1.76M. The largest seller was Morgan Stanley, cutting an estimated $1.15M.
- 69 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q1 2014, down from 76 in Q4 2013.
- Funds reported $71.2M of Templeton Emerging Markets Income Fund stock for Q1 2014, up 2.6% quarter-over-quarter.
- 9 funds opened new Templeton Emerging Markets Income Fund positions in Q1 2014 and 16 closed out, a net change of -7 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q1 2014 was Wells Fargo, an estimated $1.76M added.
- The largest Templeton Emerging Markets Income Fund seller in Q1 2014 was Morgan Stanley, an estimated $1.15M sold.
Based on aggregated 13F filings for Q1 2014.