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First Trust Emerging Markets Local Currency Bond ETF

45 hedge funds and large institutions have $79M invested in First Trust Emerging Markets Local Currency Bond ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more capital invested

Capital invested by funds: $49.2M → $79M (+$29.8M)

12.99% more ownership

Funds ownership: 42.36%55.34% (+13%)

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

4% less funds holding

Funds holding: 4745 (-2)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
45
Holders Change
-2
Holders Change %
-4.26%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
19
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$9.95M +$5.24M +193,431 +117%
Morgan Stanley
2
Morgan Stanley
New York
$9.35M +$2.43M +89,705 +36%
Jane Street
3
Jane Street
New York
$7.38M -$472K -17,415 -6%
SMF
4
Sterling Manor Financial
New York
$6.26M +$6.12M +225,858 New
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$6.18M +$1.57M +57,899 +35%
Truist Financial
6
Truist Financial
North Carolina
$5.86M +$1.39M +51,390 +32%
Carson Wealth (CWM LLC)
7
Carson Wealth (CWM LLC)
Nebraska
$5.05M +$4.94M +182,290 +1,402,231%
LPL Financial
8
LPL Financial
California
$4.48M +$276K +10,195 +7%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$3.58M +$1.22M +44,890 +53%
PAG
10
Private Advisor Group
New Jersey
$2.11M -$2.95K -109 -0.1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$2.08M +$260K +9,589 +15%
EPAM
12
Euro Pacific Asset Management
Puerto Rico
$1.88M -$44.5K -1,645 -2%
WCFA
13
Walkner Condon Financial Advisors
Wisconsin
$1.62M -$20.1K -743 -1%
HI
14
Harbour Investments
Wisconsin
$1.54M +$242K +8,933 +19%
PVI
15
Pine Valley Investments
New Jersey
$1.45M +$1.41M +52,147 New
EE
16
EWG Elevate
California
$1.18M +$1.35K +50 +0.1%
CCA
17
Cottonwood Capital Advisors
Utah
$1.16M -$9.53K -352 -0.8%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$1M +$199K +7,339 +26%
Osaic Holdings
19
Osaic Holdings
Arizona
$927K +$505K +18,666 +126%
CWA
20
Clarus Wealth Advisors
Arizona
$614K +$600K +22,146 New
CAN
21
Cetera Advisor Networks
California
$602K +$70.4K +2,599 +14%
SWP
22
Stratos Wealth Partners
Ohio
$552K -$82.9K -3,061 -13%
FTUS
23
Flow Traders U.S.
New York
$433K -$599K -22,109 -59%
WWMSC
24
Wagner Wealth Management (South Carolina)
South Carolina
$427K +$10.2K +378 +3%
ASN
25
Advisory Services Network
Georgia
$409K +$400K +14,769 New

FEMB Hedge Fund Activity: Q1 2023 in Review

45 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q1 2023, worth a combined $79M — up 60% from $49.2M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FEMB and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 19 added.

The largest buyer was Sterling Manor Financial, opening a new position worth an estimated $6.12M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $1.58M sold.

  • 45 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q1 2023, down from 47 in Q4 2022.
  • Funds reported $79M of First Trust Emerging Markets Local Currency Bond ETF stock for Q1 2023, up 60% quarter-over-quarter.
  • 8 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q1 2023 and 9 closed out, a net change of -1 holder.
  • The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q1 2023 was Sterling Manor Financial, an estimated $6.12M added.
  • The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q1 2023 was Tocqueville Asset Management, an estimated $1.58M sold.

Based on aggregated 13F filings for Q1 2023.