First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF
AFEM
40 hedge funds and large institutions have $84.2M invested in First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
21% more funds holding
Funds holding: 33 → 40 (+7)
8.96% less ownership
Funds ownership: 65.45% → 56.49% (-9%)
36% less capital inflows, than outflows
Capital inflows: $8.78M | Capital outflows: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.97M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$948K |
| 3 |
Zions Bancorporation
Salt Lake City,
Utah
|
+$574K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$510K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RiverFront Investment Group
Richmond,
Virginia
|
-$8.8M |
| 2 |
BB&T Securities
Richmond,
Virginia
|
-$2.25M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$944K |
| 4 |
Regal Investment Advisors
Kentwood,
Michigan
|
-$641K |
| 5 |
Global Financial Private Capital
Sarasota,
Florida
|
-$381K |
AFEM Hedge Fund Activity: Q2 2018 in Review
40 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF (AFEM) for Q2 2018, worth a combined $84.2M — down 16% from $100M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AFEM positions and 2 closed out — a net gain of 8 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.97M. The largest seller was RiverFront Investment Group, cutting an estimated $8.8M.
- 40 institutional investors held First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF (AFEM) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $84.2M of First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF stock for Q2 2018, down 16% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF positions in Q2 2018 and 2 closed out, a net change of +8 holders.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF buyer in Q2 2018 was Citadel Advisors, an estimated $3.97M added.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF seller in Q2 2018 was RiverFront Investment Group, an estimated $8.8M sold.
Based on aggregated 13F filings for Q2 2018.