Templeton Emerging Markets Income Fund
TEI
89 hedge funds and large institutions have $138M invested in Templeton Emerging Markets Income Fund in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 20 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
4% more capital invested
Capital invested by funds: $133M → $138M (+$5.6M)
0.63% less ownership
Funds ownership: 28.79% → 28.16% (-0.63%)
8% less funds holding
Funds holding: 97 → 89 (-8)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$11.1M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$6.43M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$6.1M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.49M |
| 5 |
Cohen & Steers
New York
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$11.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.26M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.72M |
| 4 |
Millennium Management
New York
|
-$1.67M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.29M |
TEI Hedge Fund Activity: Q1 2019 in Review
89 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q1 2019, worth a combined $138M — up 4.2% from $133M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TEI and 12 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 31 added.
The largest buyer was UBS Group, adding an estimated $11.1M. The largest seller was Rivernorth Capital Management, cutting an estimated $11.3M.
- 89 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q1 2019, down from 97 in Q4 2018.
- Funds reported $138M of Templeton Emerging Markets Income Fund stock for Q1 2019, up 4.2% quarter-over-quarter.
- 12 funds opened new Templeton Emerging Markets Income Fund positions in Q1 2019 and 20 closed out, a net change of -8 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q1 2019 was UBS Group, an estimated $11.1M added.
- The largest Templeton Emerging Markets Income Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2019.