First Trust Emerging Markets Local Currency Bond ETF
FEMB
39 hedge funds and large institutions have $73M invested in First Trust Emerging Markets Local Currency Bond ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 6 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
29% more capital invested
Capital invested by funds: $56.4M → $73M (+$16.5M)
5% more funds holding
Funds holding: 37 → 39 (+2)
2.01% more ownership
Funds ownership: 52.05% → 54.06% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.2M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$3.71M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.56M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$961K |
| 5 |
Jane Street
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$1.18M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$641K |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$564K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$264K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$194K |
FEMB Hedge Fund Activity: Q3 2019 in Review
39 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q3 2019, worth a combined $73M — up 29% from $56.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FEMB positions and 6 closed out — a net gain of 2 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.2M. The largest seller was Hanlon Investment Management, cutting an estimated $1.18M.
- 39 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q3 2019, up from 37 in Q2 2019.
- Funds reported $73M of First Trust Emerging Markets Local Currency Bond ETF stock for Q3 2019, up 29% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q3 2019 and 6 closed out, a net change of +2 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q3 2019 was Morgan Stanley, an estimated $13.2M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q3 2019 was Hanlon Investment Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q3 2019.