First Trust Emerging Markets Local Currency Bond ETF
FEMB
59 hedge funds and large institutions have $117M invested in First Trust Emerging Markets Local Currency Bond ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
18% more funds holding
Funds holding: 50 → 59 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $118M → $117M (-$774K)
6.4% less ownership
Funds ownership: 79.16% → 72.77% (-6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$2.56M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.41M |
| 3 |
BA
Bridge Advisory
Pasadena,
California
|
+$2.29M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.21M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.17M |
| 2 |
Jane Street
New York
|
-$5.12M |
| 3 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$2.53M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$1.09M |
FEMB Hedge Fund Activity: Q1 2024 in Review
59 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q1 2024, worth a combined $117M — down 0.66% from $118M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FEMB positions and 2 closed out — a net gain of 11 holders — while 22 added to existing stakes and 16 trimmed.
The largest buyer was Private Advisory Group, opening a new position worth an estimated $2.56M. The largest seller was Morgan Stanley, cutting an estimated $6.17M.
- 59 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q1 2024, up from 50 in Q4 2023.
- Funds reported $117M of First Trust Emerging Markets Local Currency Bond ETF stock for Q1 2024, down 0.66% quarter-over-quarter.
- 13 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q1 2024 and 2 closed out, a net change of +11 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q1 2024 was Private Advisory Group, an estimated $2.56M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $6.17M sold.
Based on aggregated 13F filings for Q1 2024.