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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.14M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.1M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$2.74M |
| 5 |
Jane Street
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.41M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$901K |
| 3 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
-$762K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$310K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
51
Old Mission Capital
Chicago,
Illinois
| – | -$1.41M | -51,984 | Closed |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| – | -$310K | -11,446 | Closed |
|
53
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$290K | -10,731 | Closed |
|
|
AAS
54
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$219K | -8,236 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$206K | -7,625 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | -$11.4K | -423 | Closed |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| – | -$6.14K | -227 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | -$27 | -1 | Closed |
|
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.