Templeton Emerging Markets Income Fund
TEI
81 hedge funds and large institutions have $156M invested in Templeton Emerging Markets Income Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 11 closing their positions.
0.28% more ownership
Funds ownership: 31.37% → 31.65% (+0.28%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
7% less funds holding
Funds holding: 87 → 81 (-6)
8% less capital invested
Capital invested by funds: $170M → $156M (-$14M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.44M |
| 2 |
BlackRock
New York
|
+$1.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$858K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$812K |
| 5 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.62M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.05M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$723K |
| 4 |
Millennium Management
New York
|
-$456K |
| 5 |
Morgan Stanley
New York
|
-$418K |
TEI Hedge Fund Activity: Q2 2018 in Review
81 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q2 2018, worth a combined $156M — down 8.3% from $170M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TEI and 5 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 25 added.
The largest buyer was Sit Investment Associates, adding an estimated $3.44M. The largest seller was Saba Capital Management, cutting an estimated $1.62M.
- 81 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q2 2018, down from 87 in Q1 2018.
- Funds reported $156M of Templeton Emerging Markets Income Fund stock for Q2 2018, down 8.3% quarter-over-quarter.
- 5 funds opened new Templeton Emerging Markets Income Fund positions in Q2 2018 and 11 closed out, a net change of -6 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q2 2018 was Sit Investment Associates, an estimated $3.44M added.
- The largest Templeton Emerging Markets Income Fund seller in Q2 2018 was Saba Capital Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2018.