First Trust Emerging Markets Local Currency Bond ETF
FEMB
37 hedge funds and large institutions have $56.4M invested in First Trust Emerging Markets Local Currency Bond ETF in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
65% more capital inflows, than outflows
Capital inflows: $13.8M | Capital outflows: $8.37M
6% more funds holding
Funds holding: 35 → 37 (+2)
6.38% less ownership
Funds ownership: 58.44% → 52.05% (-6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.31M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.42M |
| 3 |
Jane Street
New York
|
+$1.21M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$883K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.57M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.25M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$680K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$427K |
FEMB Hedge Fund Activity: Q2 2019 in Review
37 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q2 2019, worth a combined $56.4M — up 13% from $49.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FEMB positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.31M. The largest seller was MML Investors Services, exiting entirely with an estimated $3.57M sold.
- 37 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q2 2019, up from 35 in Q1 2019.
- Funds reported $56.4M of First Trust Emerging Markets Local Currency Bond ETF stock for Q2 2019, up 13% quarter-over-quarter.
- 7 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q2 2019 and 4 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q2 2019 was Morgan Stanley, an estimated $7.31M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q2 2019 was MML Investors Services, an estimated $3.57M sold.
Based on aggregated 13F filings for Q2 2019.