First Trust Emerging Markets Local Currency Bond ETF
FEMB
46 hedge funds and large institutions have $80.5M invested in First Trust Emerging Markets Local Currency Bond ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 8 reducing their positions, and 13 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
6% less funds holding
Funds holding: 49 → 46 (-3)
8% less capital invested
Capital invested by funds: $87.1M → $80.5M (-$6.57M)
11.7% less ownership
Funds ownership: 57.19% → 45.49% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$18.8M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$8.65M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.43M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.39M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.73M |
| 3 |
WFG
Wills Financial Group
Richmond,
Virginia
|
-$1.21M |
| 4 |
SG
StoneX Group
New York
|
-$1.17M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
51
Summit Wealth Partners
Orlando,
Florida
| – | -$396K | -10,147 | Closed |
|
52
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$307K | -7,881 | Closed |
|
|
FAIM
53
Financial Advocates Investment Management
Olympia,
Washington
| – | -$242K | -6,205 | Closed |
|
|
KA
54
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$234K | -5,991 | Closed |
|
|
AWM
55
AE Wealth Management
Topeka,
Kansas
| – | -$223K | -5,708 | Closed |
|
|
SS
56
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$221K | -5,664 | Closed |
|
|
FWM
57
Foresight Wealth Management
Draper,
Utah
| – | -$203K | -5,202 | Closed |
|
58
Bank of America
Charlotte,
North Carolina
| – | -$134K | -3,411 | Closed |
|
FEMB Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q1 2020, worth a combined $80.5M — down 7.5% from $87.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FEMB and 12 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 23 added.
The largest buyer was Jane Street, adding an estimated $18.8M. The largest seller was Morgan Stanley, cutting an estimated $19M.
- 46 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q1 2020, down from 49 in Q4 2019.
- Funds reported $80.5M of First Trust Emerging Markets Local Currency Bond ETF stock for Q1 2020, down 7.5% quarter-over-quarter.
- 12 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q1 2020 and 13 closed out, a net change of -1 holder.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q1 2020 was Jane Street, an estimated $18.8M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q1 2020 was Morgan Stanley, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2020.