First Trust Emerging Markets Local Currency Bond ETF
FEMB
65 hedge funds and large institutions have $126M invested in First Trust Emerging Markets Local Currency Bond ETF in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
16.06% more ownership
Funds ownership: 72.77% → 88.82% (+16%)
10% more funds holding
Funds holding: 59 → 65 (+6)
7% more capital invested
Capital invested by funds: $117M → $126M (+$8.69M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.86M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.86M |
| 5 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$8.41M |
| 2 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
-$2.54M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.87M |
| 4 |
Jane Street
New York
|
-$1.31M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.06M |
FEMB Hedge Fund Activity: Q2 2024 in Review
65 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q2 2024, worth a combined $126M — up 7.4% from $117M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEMB positions and 6 closed out — a net gain of 8 holders — while 27 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was Sterling Manor Financial, exiting entirely with an estimated $8.41M sold.
- 65 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q2 2024, up from 59 in Q1 2024.
- Funds reported $126M of First Trust Emerging Markets Local Currency Bond ETF stock for Q2 2024, up 7.4% quarter-over-quarter.
- 14 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q2 2024 and 6 closed out, a net change of +8 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q2 2024 was Morgan Stanley, an estimated $10.3M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q2 2024 was Sterling Manor Financial, an estimated $8.41M sold.
Based on aggregated 13F filings for Q2 2024.