First Trust Emerging Markets Local Currency Bond ETF
FEMB
45 hedge funds and large institutions have $79M invested in First Trust Emerging Markets Local Currency Bond ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 9 closing their positions.
60% more capital invested
Capital invested by funds: $49.2M → $79M (+$29.8M)
12.99% more ownership
Funds ownership: 42.36% → 55.34% (+13%)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
4% less funds holding
Funds holding: 47 → 45 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$6.12M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.24M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$4.94M |
| 4 |
Morgan Stanley
New York
|
+$2.43M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$1.58M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$599K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$484K |
| 4 |
Jane Street
New York
|
-$472K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$82.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
51
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.16K | -44 | Closed |
|
52
Rockefeller Capital Management
New York
| – | -$1K | -44 | Closed |
|
|
CAS
53
Coppell Advisory Solutions
Coppell,
Texas
| – | -$394 | -15 | Closed |
|
|
CASC
54
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$394 | -15 | Closed |
|
FEMB Hedge Fund Activity: Q1 2023 in Review
45 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q1 2023, worth a combined $79M — up 60% from $49.2M 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 19 added.
The largest buyer was Sterling Manor Financial, opening a new position worth an estimated $6.12M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $1.58M sold.
- 45 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q1 2023, down from 47 in Q4 2022.
- Funds reported $79M of First Trust Emerging Markets Local Currency Bond ETF stock for Q1 2023, up 60% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q1 2023 was Sterling Manor Financial, an estimated $6.12M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q1 2023 was Tocqueville Asset Management, an estimated $1.58M sold.
Based on aggregated 13F filings for Q1 2023.