First Trust Emerging Markets Local Currency Bond ETF
FEMB
42 hedge funds and large institutions have $45.4M invested in First Trust Emerging Markets Local Currency Bond ETF in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 21 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
4.94% less ownership
Funds ownership: 39.44% → 34.5% (-4.9%)
33% less funds holding
Funds holding: 63 → 42 (-21)
45% less capital invested
Capital invested by funds: $83.2M → $45.4M (-$37.8M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.64M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.28M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$1.15M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$938K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$8.76M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.64M |
| 3 |
Morgan Stanley
New York
|
-$3.74M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$3.14M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
51
Karp Capital Management
Sausalito,
California
| – | -$389K | -14,579 | Closed |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| – | -$315K | -11,796 | Closed |
|
|
SCA
53
Snowden Capital Advisors
New York
| – | -$258K | -9,693 | Closed |
|
54
Stifel Financial
St. Louis,
Missouri
| – | -$231K | -8,651 | Closed |
|
|
RJA
55
Raymond James & Associates
St Petersburg,
Florida
| – | -$230K | -8,608 | Closed |
|
56
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$221K | -8,285 | Closed |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| – | -$159K | -5,959 | Closed |
|
|
CA
58
CoreCap Advisors
Southfield,
Michigan
| – | -$89K | -3,341 | Closed |
|
|
RCM
59
Raleigh Capital Management
Cary,
North Carolina
| – | -$29.5K | -1,136 | -100% |
|
|
AA
60
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$5K | -200 | Closed |
|
|
MCC
61
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$1.9K | -73 | Closed |
|
|
BFEC
62
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -54 | Closed |
|
FEMB Hedge Fund Activity: Q3 2022 in Review
42 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q3 2022, worth a combined $45.4M — down 45% from $83.2M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FEMB and 0 opened new positions — a net loss of 21 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Jane Street, adding an estimated $1.64M. The largest seller was Gradient Investments, cutting an estimated $8.76M.
- 42 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q3 2022, down from 63 in Q2 2022.
- Funds reported $45.4M of First Trust Emerging Markets Local Currency Bond ETF stock for Q3 2022, down 45% quarter-over-quarter.
- 0 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q3 2022 and 21 closed out, a net change of -21 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q3 2022 was Jane Street, an estimated $1.64M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q3 2022 was Gradient Investments, an estimated $8.76M sold.
Based on aggregated 13F filings for Q3 2022.