Vault-13

WESTERN ASSET EMERGING MKTS XEMDX

COM · Closed-End Fund · CUSIP 95766A101

98 institutional holders -3 vs Q1 2026
19,851,23219.9m shares reported held*
$213.0mreported value*
10 new 39 added 27 reduced 12 sold out net sold ≈ $7.9m (-737.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.73.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 92Q4 22: 96Q1 23: 93Q2 23: 89Q3 23: 97Q4 23: 95Q1 24: 93Q2 24: 97Q3 24: 101Q4 24: 114Q1 25: 103Q2 25: 100Q3 25: 99Q4 25: 100Q1 26: 101Q2 26: 9898Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202292
Q4 202296
Q1 202393
Q2 202389
Q3 202397
Q4 202395
Q1 202493
Q2 202497
Q3 2024101
Q4 2024114
Q1 2025103
Q2 2025100
Q3 202599
Q4 2025100
Q1 2026101
Q2 202698

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 45 bought or addedQ3 24: 38 cut or sold outQ4 24: 53 bought or addedQ4 24: 43 cut or sold outQ4 24Q1 25: 56 bought or addedQ1 25: 36 cut or sold outQ2 25: 52 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 44 bought or addedQ3 25: 45 cut or sold outQ4 25: 53 bought or addedQ4 25: 30 cut or sold outQ4 25Q1 26: 53 bought or addedQ1 26: 42 cut or sold outQ2 26: 49 bought or addedQ2 26: 39 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244538
Q4 20245343
Q1 20255636
Q2 20255228
Q3 20254445
Q4 20255330
Q1 20265342
Q2 20264939

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +395,755+395.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +95,316+95.3k
GUGGENHEIM CAPITAL LLC Added +65,171+65.2k
MORGAN STANLEY Added +43,563+43.6k
Uncommon Cents Investing LLC Added +33,650+33.6k
Penserra Capital Management LLC Added +30,140+30.1k
Rareview Capital LLC Added +24,208+24.2k
Cambridge Investment Research Advisors, Inc. Added +19,619+19.6k
STIFEL FINANCIAL CORP Added +18,047+18.0k
IMC-Chicago, LLC New +17,104+17.1k

Biggest sellers

Pathstone Holdings, LLC Sold out -905,604-905.6k
ENVESTNET ASSET MANAGEMENT INC Sold out -147,568-147.6k
WOLVERINE ASSET MANAGEMENT LLC Sold out -134,125-134.1k
Thomas J. Herzfeld Advisors, Inc. Sold out -68,384-68.4k
Allspring Global Investments Holdings, LLC Reduced -67,118-67.1k
Invesco Ltd. Reduced -54,657-54.7k
WELLS FARGO & COMPANY/MN Reduced -52,096-52.1k
LPL Financial LLC Reduced -32,690-32.7k
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -24,923-24.9k
Advisors Asset Management, Inc. Reduced -21,797-21.8k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MORGAN STANLEY 13G · institution +2.2 pts · filed 2026-08-12 8.7% +2.2 pts 5.0m≈ $54.1m 2026-08-12

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 9,050,9209.1m $97.2m $97.2m 0.01% Added +43.6k +43,563
2 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,361,5891.4m $14.6m $14.6m 0.00% Added +395.8k +395,755
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 801,761801.8k $8.6m $8.6m 0.00% Reduced -32.7k -32,690
4 Penserra Capital Management LLC 0.07% of their portfolio ORINDA, CA 789,307789.3k $8.5m $8.5m 0.07% Added +30.1k +30,140
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 736,557736.6k $7.9m $7.9m 0.00% Reduced -54.7k -54,657
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 698,917698.9k $7.5m $7.5m 0.00% Reduced -52.1k -52,096
7 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 586,299586.3k $6.3m $6.3m 0.04% Added +65.2k +65,171
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 527,910527.9k $5.7m $5.7m 0.00% Added +5.7k +5,671
9 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 465,255465.3k $5.0m $5.0m 0.01% Reduced -67.1k -67,118
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 439,250439.2k $4.7m $4.7m 0.00% Added +16.0k +16,042
11 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 345,812345.8k $3.7m $3.7m 0.06% Reduced -21.8k -21,797
12 Rareview Capital LLC 1.75% of their portfolio LAS VEGAS, NV 311,012311.0k $3.1m $3.1m 1.75% Added +24.2k +24,208
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 273,379273.4k $2.9m $2.9m 0.00% Reduced -15.3k -15,335
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 271,307271.3k $2.9m $2.9m 0.00% Added +4.2k +4,182
15 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 270,000270.0k $2.9m $2.9m 0.00% Unchanged
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 205,104205.1k $2.2m $2.2m 0.00% Added +1.6k +1,571
17 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 178,725178.7k $1.9m $1.9m 0.00% Added +95.3k +95,316
18 Uncommon Cents Investing LLC 0.39% of their portfolio JANESVILLE, WI 169,696169.7k $1.8m $1.8m 0.39% Added +33.6k +33,650
19 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 144,738144.7k $1.6m $1.6m 0.01% Reduced -6.3k -6,274
20 INSIGNEO ADVISORY SERVICES, LLC 0.06% of their portfolio MIAMI, FL 142,873142.9k $1.5m $1.5m 0.06% Added +2.2k +2,189
21 Ariadne Wealth Management, LP 0.57% of their portfolio SANTA BARBARA, CA 120,977121.0k $1.3m $1.3m 0.57% Unchanged
22 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 109,057109.1k $1.2m $1.2m 0.01% Added +3.3k +3,265
23 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 108,981109.0k $1.2m $1.2m 0.00% Added +15.5k +15,533
24 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 99,23799.2k $1.1m $1.1m 0.00% Added +18.0k +18,047
25 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 94,81694.8k $1.0m $1.0m 0.01% Reduced -2.9k -2,876
26 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 85,96486.0k $923.2k $923.2k 0.02% Added +911 +911
27 Graham Capital Management, L.P. 0.02% of their portfolio ROWAYTON, CT 85,08285.1k $913.8k $913.8k 0.02% Added +12.3k +12,252
28 Comprehensive Money Management Services LLC 0.56% of their portfolio CORAL GABLES, FL 83,03583.0k $891.8k $891.8k 0.56% Added +3.7k +3,700
29 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 74,38374.4k $799.0k $799.0k 0.00% Added +5.0k +4,960
30 GOULD ASSET MANAGEMENT LLC /CA/ 0.10% of their portfolio CLAREMONT, CA 56,22556.2k $603.9k $603.9k 0.10% Unchanged
31 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 55,43955.4k $595.4k $595.4k 0.00% Added +889 +889
32 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 50,56150.6k $543.0k $543.0k 0.00% Added +4.2k +4,206
33 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 46,39546.4k $498.3k $498.3k 0.01% Reduced -14.3k -14,299
34 Samalin Investment Counsel, LLC 0.16% of their portfolio CHAPPAQUA, NY 45,52745.5k $489.0k $489.0k 0.16% Added +1.2k +1,167
35 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 45,26545.3k $486.1k $486.1k 0.01% Reduced -51 -51
36 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 43,89543.9k $471.4k $471.4k 0.00% Reduced -309 -309
37 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 40,30040.3k $431.2k $431.2k 0.00% Unchanged
38 Mariner, LLC 0.00% of their portfolio Overland Park, KS 39,41939.4k $423.4k $423.4k 0.00% Added +6.9k +6,918
39 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 36,88536.9k $396.1k $396.1k 0.01% First filing
40 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 36,35636.4k $390.0k $390.0k 0.00% Added +19.6k +19,619
41 Advisor OS, LLC 0.03% of their portfolio CHICAGO, IL 36,15636.2k $388.3k $388.3k 0.03% Unchanged
42 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 34,35134.4k $368.9k $368.9k 0.00% Reduced -11.9k -11,892
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 32,69732.7k $351.2k $351.2k 0.00% Reduced -597 -597
44 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 31,67031.7k $340.1k $340.1k 0.01% Reduced -400 -400
45 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 29,13629.1k $313.0k $313.0k 0.00% Reduced -173 -173
46 ACCREDITED INVESTOR SERVICES, LLC 0.18% of their portfolio ST. CLOUD, MN 29,07429.1k $312.3k $312.3k 0.18% Reduced -3.5k -3,503
47 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 28,56928.6k $306.8k $306.8k 0.00% Added +541 +541
48 Laidlaw Wealth Management LLC 0.87% of their portfolio NEW YORK CITY, NY 28,35028.4k $304.5k $304.5k 0.87% Reduced -1.2k -1,250
49 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 27,90627.9k $299.7k $299.7k 0.00% Added +14.0k +13,953
50 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 27,49227.5k $295.3k $295.3k 0.00% Unchanged
51 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 27,41427.4k $294.4k $294.4k 0.00% Added +16.7k +16,667
52 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 24,70024.7k $265.3k $265.3k 0.01% Reduced -475 -475
53 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 24,69424.7k $265.2k $265.2k 0.00% Reduced -1.2k -1,167
54 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 23,08023.1k $248.0k $248.0k 0.01% Added +38 +38
55 Papamarkou Wellner Asset Management inc. 0.13% of their portfolio NEW YORK, NY 20,00020.0k $214.8k $214.8k 0.13% Reduced -9.0k -9,000
56 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 19,98220.0k $214.6k $214.6k 0.00% Added +6.0k +5,987
57 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 19,67519.7k $211.3k $211.3k 0.00% Reduced -157 -157
58 LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio DALLAS, TX 18,28318.3k $196.4k $196.4k 0.01% Added +716 +716
59 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 17,10417.1k $183.7k $183.7k 0.00% New
60 BlackRock, Inc. 0.00% of their portfolio New York, NY 16,26616.3k $174.7k $174.7k 0.00% Reduced -2.1k -2,121
61 JTC Employer Solutions Trustee Ltd 0.01% of their portfolio ST HELIER, Y9 16,13816.1k $173.0k $173.0k 0.01% Unchanged
62 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 13,73113.7k $147.5k $147.5k 0.00% Reduced -426 -426
63 Virtu Financial LLC 0.00% of their portfolio New York, NY 13,48613.5k $145.0k $145.0k 0.00% New
64 Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio MANSFIELD, OH 12,88512.9k $138.4k $138.4k 0.01% Added +187 +187
65 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 12,62212.6k $135.6k $135.6k 0.00% Added +34 +34
66 Occidental Asset Management, LLC 0.01% of their portfolio Burlingame, CA 12,57112.6k $135.0k $135.0k 0.01% Added +181 +181
67 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 12,02412.0k $129.1k $129.1k 0.00% Reduced -10.9k -10,886
68 Titiun Yejiel 0.11% of their portfolio PUNTA DEL ESTE, X3 12,00012.0k $128.9k $128.9k 0.11% Unchanged
69 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,60011.6k $124.0k $124.0k 0.00% New
70 Mission Hills Financial Advisory, LLC 0.05% of their portfolio SAN DIEGO, CA 11,57011.6k $124.3k $124.3k 0.05% Unchanged
71 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 11,21411.2k $120.4k $120.4k 0.00% Unchanged
72 Waterfront Wealth Inc. 0.02% of their portfolio OVERLAND PARK, KS 11,04411.0k $118.1k $118.1k 0.02% Added +297 +297
73 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,99911.0k $118.1k $118.1k 0.00% Reduced -55 -55
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 10,88810.9k $116.9k $116.9k 0.00% New
75 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,9866.0k $64.3k $64.3k 0.00% Added +1 +1
76 WPG Advisers, LLC 0.03% of their portfolio BALTIMORE, MD 5,5405.5k $59.5k $59.5k 0.03% Added +68 +68
77 MeadowBrook Investment Advisors LLC 0.04% of their portfolio Livonia, MI 4,8504.8k $52.1k $52.1k 0.04% New
78 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 3,5003.5k $37.6k $37.6k 0.00% New
79 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $32.2k $32.2k 0.00% Unchanged
80 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 2,1672.2k $23.3k $23.3k 0.00% Added +1.7k +1,696
81 Forum Finance Group S.A. 0.01% of their portfolio GENEVA, V8 1,9692.0k $18.0k $18.0k 0.01% Added +49 +49
82 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 1,0521.1k $11.3k $11.3k 0.00% Unchanged
83 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,0001.0k $10.7k $10.7k 0.00% Reduced -1.0k -1,000
84 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 890890 $9.6k $9.6k 0.00% New
85 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 600600 $6.4k $6.4k 0.00% Unchanged
86 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 570570 $6.1k $6.1k 0.00% Unchanged
87 Noble Wealth Management PBC 0.00% of their portfolio GREENWOOD VILLAGE, CO 500500 $5.4k $5.4k 0.00% Unchanged
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 315315 $3.4k $3.4k 0.00% Unchanged
89 Strategic Wealth Partners, Ltd. 0.00% of their portfolio INDEPENDENCE, OH 291291 $3.1k $3.1k 0.00% Unchanged
90 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 275275 $3.0k $3.0k 0.00% Unchanged
91 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 254254 $2.7k $2.7k 0.00% Unchanged
92 LRI Investments, LLC 0.00% of their portfolio PALM BEACH GARDENS, FL 237237 $2.5k $2.5k 0.00% Unchanged
93 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 192192 $2.0k $2.0k 0.00% New
94 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 139139 $1.5k $1.5k 0.00% Reduced -2.4k -2,389
95 FIRST HORIZON CORP 0.00% of their portfolio MEMPHIS, TN 100100 $1.1k $1.1k 0.00% New
96 Dakota Community Bank & Trust NA 0.00% of their portfolio HEBRON, ND 100100 $1.1k $1.1k 0.00% Unchanged
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 8585 $913 $913 0.00% Added +43 +43
98 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 3939 $419 $419 0.00% New