First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF
AFEM
33 hedge funds and large institutions have $41.2M invested in First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
25% more capital invested
Capital invested by funds: $33M → $41.2M (+$8.22M)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1.94% less ownership
Funds ownership: 92.49% → 90.55% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.85M |
| 2 |
Jane Street
New York
|
+$1.47M |
| 3 |
LPL Financial
San Diego,
California
|
+$842K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$786K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$895K |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$280K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$122K |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$36.4K |
| 5 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$34.6K |
AFEM Hedge Fund Activity: Q3 2025 in Review
33 of the 7,641 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 Q3 2025, worth a combined $41.2M — up 25% from $33M a quarter earlier.
Fund positioning in AFEM was balanced in Q3 2025: 2 funds opened new positions, 2 closed out, 15 added to existing stakes and 6 trimmed.
The largest buyer was Old Mission Capital, adding an estimated $2.85M. The largest seller was Raymond James Financial, cutting an estimated $895K.
- 33 institutional investors held First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF (AFEM) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $41.2M of First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF stock for Q3 2025, up 25% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF positions in Q3 2025 and 2 closed out, a net change of 0 holders.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF buyer in Q3 2025 was Old Mission Capital, an estimated $2.85M added.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF seller in Q3 2025 was Raymond James Financial, an estimated $895K sold.
Based on aggregated 13F filings for Q3 2025.