VanEck J. P. Morgan EM Local Currency Bond

EMLC • ARCA

VanEck J. P. Morgan EM Local Currency Bond is an exchange-traded fund on ARCA. As of Q3 2025, 258 institutional investors hold shares in this ETF, with total holdings valued at $2.5B. SCHWAB CHARLES INVESTMENT MANAGEMENT INC is the largest holder with a position valued at $335.5M.

Overview

Overview of institutional ownership in EMLC as of Q3 2025

All Institutions

Institutions: 258
Value Held: $2.5B
Shares Held: 99.6M
Avg Position: $9.8M
Median Position: $665.4K

Hedge Funds

Hedge Funds: 9
Value Held: $12.5M
Shares Held: 488.2K
Avg Position: $1.4M
Median Position: $1.1M

Biggest Investors

Institutions with the largest positions in EMLC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$335.5M 0.05% of portfolio	13.2M shares	Q1 2023 Held for 2y 8m	$620.51B
S SEI INVESTMENTS CO Institution	-	$226.8M 0.24% of portfolio	8.9M shares	Q4 2014 Held for 10y 11m	$93.0B
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	-	$151.5M 6.70% of portfolio	5.9M shares	Q2 2025 Held for 5 months	$2.3B
B BlackRock, Inc. Institution	-	$120.9M 0.00% of portfolio	4.7M shares	Q1 2016 Held for 9y 8m	$5.67T
Valmark Advisers, Inc. RIA/Wealth	Lawrence Joseph Rybka President	$108.9M 1.41% of portfolio	4.3M shares	Q3 2016 Held for 9y 2m	$7.7B
N Neuberger Berman Group LLC Institution	-	$105.8M 0.08% of portfolio	4.1M shares	Q1 2023 Held for 2y 8m	$136.94B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$103.7M 0.09% of portfolio	4.1M shares	Q3 2015 Held for 10y 2m	$120.17B
V Varma Mutual Pension Insurance Co Institution	-	$79.1M 0.60% of portfolio	3.1M shares	Q2 2023 Held for 2y 5m	$13.1B
DIAM Co., Ltd. Long Only Manager	Noriyuki Nmn Sugihara CEO	$69.3M 0.20% of portfolio	2.7M shares	Q1 2023 Held for 2y 8m	$34.5B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$69.0M 0.00% of portfolio	2.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for EMLC in Q3 2025

Traded: +$433.1M
Buyers: 160
Sellers: 95
Total Bought: +$603.0M
Total Sold: −$169.9M
Avg Position: $8.7M

Biggest Buyers

Institution	Net Bought	Current Position
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	+$116.6M +4.6M shares	$151.5M 5.9M shares
M MANUFACTURERES LIFE INSURANCE CO Institution	+$102.2M +4.0M shares	$103.7M 4.1M shares
B BlackRock, Inc. Institution	+$77.1M +3.0M shares	$120.9M 4.7M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$38.1M +1.5M shares	$335.5M 13.2M shares
BANK OF MONTREAL /CAN/ Institution	+$33.0M +1.3M shares	$33.0M 1.3M shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$31.8M +1.2M shares	$37.5M 1.5M shares
MORGAN STANLEY RIA/Wealth	+$24.4M +958.3K shares	$69.0M 2.7M shares
Wright Fund Managment, LLC Long Only Manager	+$17.4M +680.3K shares	$57.3M 2.2M shares
BANK OF AMERICA CORP /DE/ Institution	+$13.3M +519.8K shares	$45.0M 1.8M shares
FRANKLIN RESOURCES INC Institution	+$11.6M +454.7K shares	$31.3M 1.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
D D. E. Shaw & Co., Inc. Institution	−$31.7M −1.2M shares	$48.7M 1.9M shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	−$22.8M −900.0K shares	Sold Off 0 shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$20.0M −790.0K shares	Sold Off 0 shares
DIAM Co., Ltd. Long Only Manager	−$19.4M −759.6K shares	$69.3M 2.7M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$15.5M −613.3K shares	Sold Off 0 shares
UBS Group AG Institution	−$10.4M −405.8K shares	$61.4M 2.4M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$9.5M −373.6K shares	Sold Off 0 shares
Bank of New York Mellon Corp Institution	−$6.7M −261.7K shares	$20.1M 788.5K shares
T TD ASSET MANAGEMENT INC Institution	−$5.9M −231.3K shares	$5.1M 201.0K shares
P Proficio Capital Partners LLC Family Office	−$5.1M −4.8M shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EMLC in Q3 2025

New Positions: 28
New Value: $12.1M
Exited Positions: 32
Exited Value: $80.5M

New Positions

Institution	Position Value
N NKCFO LLC RIA/Wealth	$3.9M 153.1K shares
Rockport Wealth LLC RIA/Wealth	$1.9M 75.6K shares
INTL FCSTONE INC. Institution	$1.5M 59.5K shares
Logan Stone Capital, LLC Hedge Fund•Long/Short	$679.8K 26.6K shares
C Centurion Wealth Management LLC Institution	$618.6K 24.3K shares
T TriaGen Wealth Management LLC RIA/Wealth	$445.9K 17.5K shares
Ethos Financial Group, LLC RIA/Wealth	$426.7K 16.7K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$420.2K 16.5K shares
L Lionsbridge Wealth Management LLC RIA/Wealth	$337.4K 13.2K shares
ABBINGTON INVESTMENT GROUP RIA/Wealth	$287.8K 11.3K shares

Exited Positions

Institution	Previous Position
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	$22.8M 900.0K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$20.0M 790.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$15.5M 613.3K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	$9.5M 373.6K shares
P Proficio Capital Partners LLC Family Office	$5.1M 4.8M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$4.2M 167.2K shares
H Hilltop Holdings Inc. Institution	$1.1M 41.4K shares
X XTX Topco Ltd Institution	$423.2K 16.7K shares
WESTERN ASSET MANAGEMENT CO Long Only Manager	$410.7K 16.2K shares
A Absolute Gestao de Investimentos Ltda. Institution	$253.5K 10.0K shares

Options Activity

Institutions with the largest Call and Put options positions in EMLC as of Q3 2025

Call Positions: 1
Call Value: -
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

Institutions with EMLC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
V VIEWPOINT INVESTMENT PARTNERS CORP Institution	-	19.77% $35.7M	1.4M shares	Q3 2021 Held for 4y 2m	$180.4M
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	-	6.70% $151.5M	5.9M shares	Q2 2025 Held for 5 months	$2.3B
INTEGRATED CAPITAL MANAGEMENT, INC. RIA/Wealth	Joseph Clayton Perfilio President	4.59% $6.6M	257.9K shares	Q4 2018 Held for 6y 11m	$143.5M
V VPR Management LLC Institution	-	3.70% $8.1M	316.2K shares	Q1 2020 Held for 5y 8m	$218.0M
New Harbor Financial Group, LLC RIA/Wealth	John Christopher Llodra Managing Partner	2.87% $14.1M	554.3K shares	Q1 2025 Held for 8 months	$493.1M
ALM First Financial Advisors, LLC RIA/Wealth	Anthony G Tidswell President	2.72% $13.5M	527.7K shares	Q4 2022 Held for 2y 11m	$495.5M
Avos Capital Management, LLC Hedge Fund•Sector	Joshua David Blanchfield CIO	2.56% $5.5M	214.7K shares	Q1 2025 Held for 8 months	$214.2M
Upper Left Wealth Management, LLC RIA/Wealth	Randy David Kurtz Managing Partner	2.51% $4.0M	157.0K shares	Q4 2021 Held for 3y 11m	$159.3M
Whitcomb & Hess, Inc. RIA/Wealth	Aaron Lee Bates President	2.47% $9.6M	377.1K shares	Q2 2021 Held for 4y 5m	$388.9M
Wright Fund Managment, LLC Long Only Manager	Albert George Schweiss CEO	2.41% $57.3M	2.2M shares	Q3 2024 Held for 1y 2m	$2.4B

Hedge Fund Spotlight

Discover hedge funds investing in EMLC

Solstein Capital, LLC

Hedge Fund • Value

Portfolio ManagerNadine F Terman

Portfolio Value: $218.5M
Positions: 447
Last Reported: Q3 2025

Sector Allocation

Position in VanEck J. P. Morgan EM Local Currency Bond

Market Value: $150.7K
Shares Held: 5.9K
Portfolio Weight: 0.07%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$18.6M	8.50%
2 Apple AAPL	Consumer Electronics Technology	$16.9M	7.73%
3 Microsoft MSFT	Software - Infrastructure Technology	$11.9M	5.44%