Templeton Emerging Markets Income Fund
TEI
76 hedge funds and large institutions have $94.6M invested in Templeton Emerging Markets Income Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 9 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
1.44% less ownership
Funds ownership: 19.09% → 17.65% (-1.4%)
5% less funds holding
Funds holding: 80 → 76 (-4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
43% less capital inflows, than outflows
Capital inflows: $5.58M | Capital outflows: $9.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Trust Asset Management
Houston,
Texas
|
+$1.55M |
| 2 |
LPL Financial
San Diego,
California
|
+$779K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$742K |
| 4 |
Barclays
London,
United Kingdom
|
+$546K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.96M |
| 2 |
L.J. Altfest & Co
New York
|
-$1.44M |
| 3 |
Girard Securities
San Diego,
California
|
-$1.03M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$833K |
| 5 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$546K |
TEI Hedge Fund Activity: Q3 2016 in Review
76 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q3 2016, worth a combined $94.6M — down 2.8% from $97.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TEI and 6 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 33 added.
The largest buyer was Trust Asset Management, adding an estimated $1.55M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.96M.
- 76 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q3 2016, down from 80 in Q2 2016.
- Funds reported $94.6M of Templeton Emerging Markets Income Fund stock for Q3 2016, down 2.8% quarter-over-quarter.
- 6 funds opened new Templeton Emerging Markets Income Fund positions in Q3 2016 and 9 closed out, a net change of -3 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q3 2016 was Trust Asset Management, an estimated $1.55M added.
- The largest Templeton Emerging Markets Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2016.