First Trust Emerging Markets Local Currency Bond ETF
FEMB
42 hedge funds and large institutions have $57.9M invested in First Trust Emerging Markets Local Currency Bond ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 12 closing their positions.
9% less funds holding
Funds holding: 46 → 42 (-4)
11.34% less ownership
Funds ownership: 45.49% → 34.16% (-11%)
28% less capital invested
Capital invested by funds: $80.5M → $57.9M (-$22.7M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$680K |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$578K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$354K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$354K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$12.8M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$6.1M |
| 3 |
Morgan Stanley
New York
|
-$2.66M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.29M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.28M |
FEMB Hedge Fund Activity: Q2 2020 in Review
42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q2 2020, worth a combined $57.9M — down 28% from $80.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FEMB and 8 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Stratos Wealth Partners, opening a new position worth an estimated $680K. The largest seller was Jane Street, cutting an estimated $12.8M.
- 42 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q2 2020, down from 46 in Q1 2020.
- Funds reported $57.9M of First Trust Emerging Markets Local Currency Bond ETF stock for Q2 2020, down 28% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q2 2020 and 12 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q2 2020 was Stratos Wealth Partners, an estimated $680K added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q2 2020 was Jane Street, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2020.