Templeton Emerging Markets Income Fund
TEI
76 hedge funds and large institutions have $96.5M invested in Templeton Emerging Markets Income Fund in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 31 increasing their positions, 26 reducing their positions, and 7 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.38% less ownership
Funds ownership: 27.5% → 27.12% (-0.38%)
5% less funds holding
Funds holding: 80 → 76 (-4)
7% less capital invested
Capital invested by funds: $104M → $96.5M (-$7.1M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.79M |
| 2 |
Morgan Stanley
New York
|
+$1.04M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$495K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.2M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$895K |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$570K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$350K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$340K |
TEI Hedge Fund Activity: Q3 2020 in Review
76 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Templeton Emerging Markets Income Fund (TEI) for Q3 2020, worth a combined $96.5M — down 6.9% from $104M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TEI and 3 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 31 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.79M. The largest seller was Matisse Capital, cutting an estimated $3.2M.
- 76 institutional investors held Templeton Emerging Markets Income Fund (TEI) as of Q3 2020, down from 80 in Q2 2020.
- Funds reported $96.5M of Templeton Emerging Markets Income Fund stock for Q3 2020, down 6.9% quarter-over-quarter.
- 3 funds opened new Templeton Emerging Markets Income Fund positions in Q3 2020 and 7 closed out, a net change of -4 holders.
- The largest Templeton Emerging Markets Income Fund buyer in Q3 2020 was Rivernorth Capital Management, an estimated $1.79M added.
- The largest Templeton Emerging Markets Income Fund seller in Q3 2020 was Matisse Capital, an estimated $3.2M sold.
Based on aggregated 13F filings for Q3 2020.