First Trust Emerging Markets Local Currency Bond ETF
FEMB
63 hedge funds and large institutions have $128M invested in First Trust Emerging Markets Local Currency Bond ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
3% less funds holding
Funds holding: 65 → 63 (-2)
6.85% less ownership
Funds ownership: 55.45% → 48.6% (-6.8%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
20% less capital invested
Capital invested by funds: $161M → $128M (-$32.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.83M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.11M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.03M |
| 4 |
Jane Street
New York
|
+$1.98M |
| 5 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.6M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$7.33M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$6.65M |
| 4 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$4.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.25M |
FEMB Hedge Fund Activity: Q3 2021 in Review
63 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q3 2021, worth a combined $128M — down 20% from $161M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEMB and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 34 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $3.83M. The largest seller was Wells Fargo, cutting an estimated $11.6M.
- 63 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q3 2021, down from 65 in Q2 2021.
- Funds reported $128M of First Trust Emerging Markets Local Currency Bond ETF stock for Q3 2021, down 20% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q3 2021 and 9 closed out, a net change of -1 holder.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q3 2021 was JP Morgan Chase, an estimated $3.83M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q3 2021 was Wells Fargo, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2021.