First Trust Emerging Markets Local Currency Bond ETF
FEMB
66 hedge funds and large institutions have $123M invested in First Trust Emerging Markets Local Currency Bond ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 7 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 65 → 66 (+1)
2% less capital invested
Capital invested by funds: $126M → $123M (-$2.62M)
29.07% less ownership
Funds ownership: 88.82% → 59.75% (-29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.01M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.27M |
| 3 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$3.08M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.58M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.3M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$11.3M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$2.83M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.93M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.65M |
FEMB Hedge Fund Activity: Q3 2024 in Review
66 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q3 2024, worth a combined $123M — down 2.1% from $126M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FEMB positions and 7 closed out — a net gain of 2 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.01M. The largest seller was Envestnet Asset Management, cutting an estimated $11.3M.
- 66 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q3 2024, up from 65 in Q2 2024.
- Funds reported $123M of First Trust Emerging Markets Local Currency Bond ETF stock for Q3 2024, down 2.1% quarter-over-quarter.
- 9 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q3 2024 and 7 closed out, a net change of +2 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q3 2024 was Morgan Stanley, an estimated $7.01M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q3 2024 was Envestnet Asset Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2024.