Templeton Emerging Markets Income Fund
TEI
71 hedge funds and large institutions have $76.5M invested in Templeton Emerging Markets Income Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 12 closing their positions.
15% more capital inflows, than outflows
Capital inflows: $9.96M | Capital outflows: $8.65M
1.1% less ownership
Funds ownership: 17.01% → 15.91% (-1.1%)
8% less funds holding
Funds holding: 77 → 71 (-6)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.97M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.56M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$1.15M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.06M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$894K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
-$1.3M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$1.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.02M |
| 4 |
Saba Capital Management
New York
|
-$674K |
| 5 |
LPL Financial
San Diego,
California
|
-$493K |
TEI Hedge Fund Activity: Q3 2015 in Review
71 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q3 2015, worth a combined $76.5M — down 15% from $89.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TEI and 8 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $1.97M. The largest seller was Bar Harbor Trust Services, exiting entirely with an estimated $1.3M sold.
- 71 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q3 2015, down from 77 in Q2 2015.
- Funds reported $76.5M of Templeton Emerging Markets Income Fund stock for Q3 2015, down 15% quarter-over-quarter.
- 8 funds opened new Templeton Emerging Markets Income Fund positions in Q3 2015 and 12 closed out, a net change of -4 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q3 2015 was Bank of America, an estimated $1.97M added.
- The largest Templeton Emerging Markets Income Fund seller in Q3 2015 was Bar Harbor Trust Services, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2015.