Templeton Emerging Markets Income Fund
TEI
76 hedge funds and large institutions have $82.1M invested in Templeton Emerging Markets Income Fund in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 12 closing their positions.
21% more capital invested
Capital invested by funds: $68M → $82.1M (+$14.1M)
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3.88% more ownership
Funds ownership: 11.14% → 15.02% (+3.9%)
0% more funds holding
Funds holding: 76 → 76 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.68M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.19M |
| 3 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
+$2.36M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.71M |
| 5 |
SG Americas Securities
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.46M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$853K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$619K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$597K |
TEI Hedge Fund Activity: Q4 2014 in Review
76 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q4 2014, worth a combined $82.1M — up 21% from $68M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TEI positions and 12 closed out — a net gain of 2 holders — while 24 added to existing stakes and 20 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.68M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $1.46M sold.
- 76 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $82.1M of Templeton Emerging Markets Income Fund stock for Q4 2014, up 21% quarter-over-quarter.
- 14 funds opened new Templeton Emerging Markets Income Fund positions in Q4 2014 and 12 closed out, a net change of +2 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q4 2014 was Rivernorth Capital Management, an estimated $8.68M added.
- The largest Templeton Emerging Markets Income Fund seller in Q4 2014 was BNP Paribas Financial Markets, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2014.