First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF
AFEM
36 hedge funds and large institutions have $31M invested in First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 11 closing their positions.
12.14% less ownership
Funds ownership: 74.13% → 61.98% (-12%)
18% less funds holding
Funds holding: 44 → 36 (-8)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
67% less capital inflows, than outflows
Capital inflows: $5.13M | Capital outflows: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.1M |
| 2 |
Goldman Sachs
New York
|
+$958K |
| 3 |
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$881K |
| 4 |
RiverFront Investment Group
Richmond,
Virginia
|
+$581K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Regal Investment Advisors
Kentwood,
Michigan
|
-$3.2M |
| 2 |
Flow Traders U.S.
New York
|
-$2.57M |
| 3 |
Wills Financial Group
Richmond,
Virginia
|
-$1.99M |
| 4 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.62M |
| 5 |
LPL Financial
San Diego,
California
|
-$994K |
AFEM Hedge Fund Activity: Q1 2020 in Review
36 of the 4,549 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 Q1 2020, worth a combined $31M — down 41% from $52.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of AFEM and 4 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.1M. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $3.2M sold.
- 36 institutional investors held First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF (AFEM) as of Q1 2020, down from 44 in Q4 2019.
- Funds reported $31M of First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF stock for Q1 2020, down 41% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF positions in Q1 2020 and 11 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF buyer in Q1 2020 was Royal Bank of Canada, an estimated $1.1M added.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF seller in Q1 2020 was Regal Investment Advisors, an estimated $3.2M sold.
Based on aggregated 13F filings for Q1 2020.