Templeton Emerging Markets Income Fund
TEI
99 hedge funds and large institutions have $167M invested in Templeton Emerging Markets Income Fund in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
18% more funds holding
Funds holding: 84 → 99 (+15)
2.77% more ownership
Funds ownership: 28.34% → 31.11% (+2.8%)
3% more capital invested
Capital invested by funds: $161M → $167M (+$5.64M)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$29.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.57M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.71M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$611K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Trust Asset Management
Houston,
Texas
|
-$13.8M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.69M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.7M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.55M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$556K |
TEI Hedge Fund Activity: Q4 2017 in Review
99 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q4 2017, worth a combined $167M — up 3.5% from $161M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TEI positions and 7 closed out — a net gain of 15 holders — while 21 added to existing stakes and 31 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $29.8M. The largest seller was Trust Asset Management, cutting an estimated $13.8M.
- 99 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q4 2017, up from 84 in Q3 2017.
- Funds reported $167M of Templeton Emerging Markets Income Fund stock for Q4 2017, up 3.5% quarter-over-quarter.
- 22 funds opened new Templeton Emerging Markets Income Fund positions in Q4 2017 and 7 closed out, a net change of +15 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q4 2017 was Saba Capital Management, an estimated $29.8M added.
- The largest Templeton Emerging Markets Income Fund seller in Q4 2017 was Trust Asset Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2017.