Templeton Emerging Markets Income Fund
TEI
97 hedge funds and large institutions have $133M invested in Templeton Emerging Markets Income Fund in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
10% more funds holding
Funds holding: 88 → 97 (+9)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
0% less ownership
Funds ownership: 28.79% → 28.79% (-0%)
4% less capital invested
Capital invested by funds: $138M → $133M (-$5.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$25.4M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$5.63M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.45M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 5 |
Millennium Management
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$36M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.28M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.52M |
| 4 |
Morgan Stanley
New York
|
-$2.16M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.42M |
TEI Hedge Fund Activity: Q4 2018 in Review
97 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q4 2018, worth a combined $133M — down 3.8% from $138M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TEI positions and 13 closed out — a net gain of 9 holders — while 29 added to existing stakes and 27 trimmed.
The largest buyer was McGowan Group Asset Management, adding an estimated $25.4M. The largest seller was Saba Capital Management, exiting entirely with an estimated $36M sold.
- 97 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q4 2018, up from 88 in Q3 2018.
- Funds reported $133M of Templeton Emerging Markets Income Fund stock for Q4 2018, down 3.8% quarter-over-quarter.
- 22 funds opened new Templeton Emerging Markets Income Fund positions in Q4 2018 and 13 closed out, a net change of +9 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q4 2018 was McGowan Group Asset Management, an estimated $25.4M added.
- The largest Templeton Emerging Markets Income Fund seller in Q4 2018 was Saba Capital Management, an estimated $36M sold.
Based on aggregated 13F filings for Q4 2018.