First Trust Emerging Markets Local Currency Bond ETF
FEMB
36 hedge funds and large institutions have $31M invested in First Trust Emerging Markets Local Currency Bond ETF in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
59% more capital invested
Capital invested by funds: $19.5M → $31M (+$11.5M)
24% more funds holding
Funds holding: 29 → 36 (+7)
14.52% more ownership
Funds ownership: 33.26% → 47.77% (+15%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.32M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.46M |
| 3 |
Jane Street
New York
|
+$1.02M |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
+$710K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFG
Wills Financial Group
Richmond,
Virginia
|
-$806K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$628K |
| 3 |
CCM
Crabel Capital Management
Los Angeles,
California
|
-$242K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$225K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$186K |
FEMB Hedge Fund Activity: Q4 2018 in Review
36 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q4 2018, worth a combined $31M — up 59% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEMB positions and 6 closed out — a net gain of 8 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.32M. The largest seller was Wills Financial Group, cutting an estimated $806K.
- 36 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q4 2018, up from 29 in Q3 2018.
- Funds reported $31M of First Trust Emerging Markets Local Currency Bond ETF stock for Q4 2018, up 59% quarter-over-quarter.
- 14 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q4 2018 and 6 closed out, a net change of +8 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q4 2018 was Morgan Stanley, an estimated $8.32M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q4 2018 was Wills Financial Group, an estimated $806K sold.
Based on aggregated 13F filings for Q4 2018.