Western Asset Emerging Mkts (EMD): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Western Asset Emerging Mkts (EMD) following the 2026 Q1 hedge fund 13F filings?

As of today, EMD has moved +1.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.0% for the XLF sector ETF — an outperformance of -1.2%. Since the quarter end (March 31, 2026), EMD gained +7.6% vs +6.6% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Western Asset Emerging Mkts (EMD)

101 + Investors. Track Smart Money conviction in EMD. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — EMD

Based on 101 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added EMD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (95% of max)

95% of all-time peak

101 hedge funds hold EMD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding EMD is almost the same as a year ago (+1 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 57% buying

57 buying43 selling

Last quarter: 57 funds bought or added vs 43 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter

Funds opening a new EMD position: 5 → 12 → 11 → 19. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 22% medium ■ 18% new

61 out of 101 hedge funds have held EMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

🚀

Acceleration phase — new buyers rushing in

12 → 5 → 12 → 11 → 19 new funds/Q

New funds entering each quarter: 5 → 12 → 11 → 19. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 14% 1-2yr ■ 21% new

Of 101 current holders: 66 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds

13 of 101 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EMD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.2

out of 10

Low Exit Risk

Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	101	95	6.32%
13F Shares	21M	21M	-0.79%
Total Value	$190M	$220M	-13.81%
New Positions	19	11	+8
Increased Positions	38	43	-5
Closed Positions	13	11	+2
Reduced Positions	30	23	+7
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

101

6.32%

13F Shares

21M

-0.79%

Total Value

$190M

$220M

-13.81%

New Positions

Increased Positions

-5

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

101 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in EMD. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 EMD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Rareview Capital LLC	1.69%	286,804	$2.9M
2	Laidlaw Wealth Management LLC	1.01%	29,600	$291K
3	Ariadne Wealth Management, LP	0.53%	120,977	$1.2M
4	Comprehensive Money Management Services LLC	0.51%	79,335	$779K
5	Uncommon Cents Investing LLC	0.31%	136,046	$1.3M
6	Thomas J. Herzfeld Advisors, Inc.	0.23%	68,384	$672K
7	Accredited Investor Services, LLC	0.21%	32,577	$320K
8	Papamarkou Wellner Asset Management inc.	0.17%	29,000	$285K
9	Samalin Investment Counsel, LLC	0.15%	44,360	$436K
10	Titiun Yejiel	0.15%	12,000	$128K
11	Robinson Capital Management, LLC	0.11%	24,923	$273K
12	Insigneo Advisory Services, LLC	0.10%	140,684	$1.4M
13	Gould Asset Management LLC /Ca/	0.10%	56,225	$552K
14	Advisors Asset Management, Inc.	0.06%	367,609	$3.6M
15	Mission Hills Financial Advisory, LLC	0.06%	11,570	$114K
16	Guggenheim Capital LLC	0.04%	521,128	$5.1M
17	WPG Advisers, LLC	0.04%	5,472	$54K
18	Pathstone Holdings, LLC	0.04%	905,604	$8.9M
19	Advisor OS, LLC	0.03%	36,156	$355K
20	Waterfront Wealth Inc.	0.02%	10,747	$106K
21	Mutual Advisors, LLC	0.02%	85,053	$835K
22	Graham Capital Management, L.P.	0.02%	72,830	$715K
23	Anfield Capital Management, LLC	0.02%	5,799	$57K
24	Occidental Asset Management, LLC	0.01%	12,390	$122K
25	Moors & Cabot, Inc.	0.01%	32,070	$315K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Western Asset Emerging Mkts (EMD)

What does the Smart Money Trend signal show for EMD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added EMD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for EMD?

Slight buying edge — 57% buying: Last quarter: 57 funds bought or added vs 43 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for EMD holders?

Elite ownership — 68% AUM from top-100 funds: 13 of 101 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EMD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held EMD?

60% of holders stayed for 2+ years: 61 out of 101 hedge funds have held EMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Western Asset Emerging Mkts (EMD) following the 2026 Q1 hedge fund 13F filings?

As of today, EMD has moved +1.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.0% for the XLF sector ETF — an outperformance of -1.2%. Since the quarter end (March 31, 2026), EMD has gained +7.6% vs +6.6% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Western Asset Emerging Mkts (EMD)

Smart Money Signals — EMD

Buying streak — 1 quarter in a row

At the ownership peak (95% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 57% buying

More new buyers each quarter (+8 vs last Q)

60% of holders stayed for 2+ years

Acceleration phase — new buyers rushing in

Deep conviction — 65% of holders stayed 2+ years

Elite ownership — 68% AUM from top-100 funds

Institutional Sentiment Summary — EMD

Hedge Fund Ownership: EMD

Market Analysis: EMD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: EMD

Is It Too Late to Buy Western Asset Emerging Mkts (EMD) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: EMD

Statistics: EMD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Western Asset Emerging Mkts (EMD)

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