Templeton Emerging Markets Income Fund
TEI
87 hedge funds and large institutions have $170M invested in Templeton Emerging Markets Income Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 20 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
2% more capital invested
Capital invested by funds: $167M → $170M (+$3.1M)
0.26% more ownership
Funds ownership: 31.11% → 31.37% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 99 → 87 (-12)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.9M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.38M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.46M |
| 5 |
Millennium Management
New York
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$14.1M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$5.64M |
| 3 |
TAM
Trust Asset Management
Houston,
Texas
|
-$3.34M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.68M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.19M |
TEI Hedge Fund Activity: Q1 2018 in Review
87 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q1 2018, worth a combined $170M — up 1.9% from $167M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TEI and 9 opened new positions — a net loss of 11 holders — while 20 trimmed existing stakes and 24 added.
The largest buyer was Saba Capital Management, adding an estimated $17.2M. The largest seller was UBS Group, cutting an estimated $14.1M.
- 87 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q1 2018, down from 99 in Q4 2017.
- Funds reported $170M of Templeton Emerging Markets Income Fund stock for Q1 2018, up 1.9% quarter-over-quarter.
- 9 funds opened new Templeton Emerging Markets Income Fund positions in Q1 2018 and 20 closed out, a net change of -11 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q1 2018 was Saba Capital Management, an estimated $17.2M added.
- The largest Templeton Emerging Markets Income Fund seller in Q1 2018 was UBS Group, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2018.