Templeton Emerging Markets Income Fund
TEI
88 hedge funds and large institutions have $132M invested in Templeton Emerging Markets Income Fund in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 15 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
13% more capital invested
Capital invested by funds: $117M → $132M (+$15.3M)
2.75% more ownership
Funds ownership: 21.09% → 23.85% (+2.8%)
1% more funds holding
Funds holding: 87 → 88 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.37M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.74M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.73M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.23M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
-$2.23M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.7M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$956K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$802K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$581K |
TEI Hedge Fund Activity: Q2 2017 in Review
88 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q2 2017, worth a combined $132M — up 13% from $117M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TEI positions and 15 closed out — a net gain of 2 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.37M. The largest seller was Penn Mutual Life Insurance, exiting entirely with an estimated $2.23M sold.
- 88 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q2 2017, up from 87 in Q1 2017.
- Funds reported $132M of Templeton Emerging Markets Income Fund stock for Q2 2017, up 13% quarter-over-quarter.
- 17 funds opened new Templeton Emerging Markets Income Fund positions in Q2 2017 and 15 closed out, a net change of +2 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q2 2017 was Saba Capital Management, an estimated $4.37M added.
- The largest Templeton Emerging Markets Income Fund seller in Q2 2017 was Penn Mutual Life Insurance, an estimated $2.23M sold.
Based on aggregated 13F filings for Q2 2017.