Templeton Emerging Markets Income Fund
TEI
80 hedge funds and large institutions have $104M invested in Templeton Emerging Markets Income Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 8 closing their positions.
9% more capital invested
Capital invested by funds: $95M → $104M (+$8.61M)
1.04% more ownership
Funds ownership: 26.46% → 27.5% (+1%)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
2% less funds holding
Funds holding: 82 → 80 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.23M |
| 2 |
Morgan Stanley
New York
|
+$2.3M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$802K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$690K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.16M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$1.15M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$416K |
| 4 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$415K |
| 5 |
Goldman Sachs
New York
|
-$408K |
TEI Hedge Fund Activity: Q2 2020 in Review
80 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q2 2020, worth a combined $104M — up 9.1% from $95M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TEI and 6 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 27 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.23M. The largest seller was Landscape Capital Management, cutting an estimated $1.16M.
- 80 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q2 2020, down from 82 in Q1 2020.
- Funds reported $104M of Templeton Emerging Markets Income Fund stock for Q2 2020, up 9.1% quarter-over-quarter.
- 6 funds opened new Templeton Emerging Markets Income Fund positions in Q2 2020 and 8 closed out, a net change of -2 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $3.23M added.
- The largest Templeton Emerging Markets Income Fund seller in Q2 2020 was Landscape Capital Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2020.