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First Trust Emerging Markets Local Currency Bond ETF
FEMB

50 hedge funds and large institutions have $118M invested in First Trust Emerging Markets Local Currency Bond ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more capital invested

Capital invested by funds: $84.1M → $118M (+$33.5M)

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

16.35% more ownership

Funds ownership: 62.81% → 79.16% (+16%)

13% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 16

4% more funds holding

Funds holding: 48 → 50 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
0.73%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
10
Increased
18
Reduced
16
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$11.7M
2
LPL Financial
LPL Financial
California
+$3.14M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.1M
4
Truist Financial
Truist Financial
North Carolina
+$2.74M
5
Jane Street
Jane Street
New York
+$2.45M

Top Sellers

Rank Fund Capital Flow
1
OMC
Old Mission Capital
Illinois
-$1.41M
2
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
-$901K
3
WCFA
Walkner Condon Financial Advisors
Wisconsin
-$762K
4
GWM
Geneos Wealth Management
Colorado
-$310K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$309K
Name Holding Trade Value Shares
Change 		Change in
Stake
MOS
26
MGO One Seven
Ohio
$723K +$129K +4,656 +23%
CWA
27
Clarus Wealth Advisors
Arizona
$610K +$592K +21,307 New
DADC
28
D.A. Davidson & Co
Montana
$557K +$23.7K +855 +5%
SAM
29
Synergy Asset Management
Washington
$505K +$133K +4,772 +38%
WWMSC
30
Wagner Wealth Management (South Carolina)
South Carolina
$433K +$2.53K +91 +0.6%
ASN
31
Advisory Services Network
Georgia
$430K – – –
CAG
32
Csenge Advisory Group
Florida
$389K +$371K +13,353 New
PFS
33
Prospera Financial Services
Texas
$365K +$20K +721 +6%
WI
34
Wintrust Investments
Illinois
$287K +$3.28K +118 +1%
Stifel Financial
35
Stifel Financial
Missouri
$235K – – –
Comerica Bank
36
Comerica Bank
Texas
$186K +$74.8K +2,694 +73%
CFGS
37
Concourse Financial Group Securities
Alabama
$165K +$9.67K +348 +7%
CAL
38
Capital Analysts LLC
Pennsylvania
$78K -$22.1K -794 -23%
PWMG
39
Provence Wealth Management Group
California
$53.9K – – –
CIAS
40
Capital Investment Advisory Services
North Carolina
$36.9K -$1.39K -50 -4%
UBS Group
41
UBS Group
Switzerland
$35.7K -$94.9K -3,418 -74%
PS
42
Principal Securities
Iowa
$32.9K +$31.3K +1,128 New
NS
43
NBC Securities
Alabama
$20K +$111 +4 +0.6%
RCM
44
Raleigh Capital Management
North Carolina
$15.7K +$14.9K +538 New
PTC
45
Private Trust Company
Ohio
$5.86K +$5.58K +201 New
LFG
46
Larson Financial Group
Missouri
$1.72K – – –
CJ
47
Caitlin John
Michigan
$1.51K +$1.44K +52 New
NA
48
NewEdge Advisors
Louisiana
$1.11K – – –
AF
49
Advisornet Financial
Minnesota
$670 -$1.36K -49 -68%
CAS
50
Coppell Advisory Solutions
Texas
$437 – – –
1
2
3

FEMB Hedge Fund Activity: Q4 2023 in Review

50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q4 2023, worth a combined $118M — up 40% from $84.1M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FEMB positions and 8 closed out — a net gain of 2 holders — while 18 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $11.7M. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.41M sold.

  • 50 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q4 2023, up from 48 in Q3 2023.
  • Funds reported $118M of First Trust Emerging Markets Local Currency Bond ETF stock for Q4 2023, up 40% quarter-over-quarter.
  • 10 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q4 2023 and 8 closed out, a net change of +2 holders.
  • The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $11.7M added.
  • The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q4 2023 was Old Mission Capital, an estimated $1.41M sold.

Based on aggregated 13F filings for Q4 2023.