First Trust Emerging Markets Local Currency Bond ETF
FEMB
30 hedge funds and large institutions have $33.4M invested in First Trust Emerging Markets Local Currency Bond ETF in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 10 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
3.65% more ownership
Funds ownership: 62.93% → 66.58% (+3.7%)
11% less capital invested
Capital invested by funds: $37.6M → $33.4M (-$4.26M)
12% less funds holding
Funds holding: 34 → 30 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$6.4M |
| 2 |
WFG
Wills Financial Group
Richmond,
Virginia
|
+$874K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$711K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$568K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.88M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.47M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$707K |
| 4 |
CCM
Crabel Capital Management
Los Angeles,
California
|
-$525K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$299K |
FEMB Hedge Fund Activity: Q2 2018 in Review
30 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q2 2018, worth a combined $33.4M — down 11% from $37.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEMB and 8 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $6.4M. The largest seller was Bank of America, cutting an estimated $2.88M.
- 30 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q2 2018, down from 34 in Q1 2018.
- Funds reported $33.4M of First Trust Emerging Markets Local Currency Bond ETF stock for Q2 2018, down 11% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q2 2018 and 10 closed out, a net change of -2 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $6.4M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q2 2018 was Bank of America, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2018.