Templeton Emerging Markets Income Fund
TEI
88 hedge funds and large institutions have $138M invested in Templeton Emerging Markets Income Fund in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
9% more funds holding
Funds holding: 81 → 88 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.86% less ownership
Funds ownership: 31.65% → 28.79% (-2.9%)
12% less capital invested
Capital invested by funds: $156M → $138M (-$18.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$4.61M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.8M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$2.62M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.22M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$25.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.52M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.03M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$577K |
| 5 |
Barclays
London,
United Kingdom
|
-$525K |
TEI Hedge Fund Activity: Q3 2018 in Review
88 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q3 2018, worth a combined $138M — down 12% from $156M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TEI positions and 7 closed out — a net gain of 8 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $4.61M. The largest seller was Saba Capital Management, cutting an estimated $25.7M.
- 88 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q3 2018, up from 81 in Q2 2018.
- Funds reported $138M of Templeton Emerging Markets Income Fund stock for Q3 2018, down 12% quarter-over-quarter.
- 15 funds opened new Templeton Emerging Markets Income Fund positions in Q3 2018 and 7 closed out, a net change of +8 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q3 2018 was Ancora Advisors, an estimated $4.61M added.
- The largest Templeton Emerging Markets Income Fund seller in Q3 2018 was Saba Capital Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2018.