First Trust Emerging Markets Local Currency Bond ETF
FEMB
70 hedge funds and large institutions have $85.1M invested in First Trust Emerging Markets Local Currency Bond ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 33 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
6% more funds holding
Funds holding: 66 → 70 (+4)
13.05% less ownership
Funds ownership: 59.75% → 46.7% (-13%)
31% less capital invested
Capital invested by funds: $123M → $85.1M (-$37.9M)
58% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13.2M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$3.83M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.24M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.89M |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.3M |
| 2 |
LPL Financial
San Diego,
California
|
-$11.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.44M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.02M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.83M |
FEMB Hedge Fund Activity: Q4 2024 in Review
70 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Local Currency Bond ETF (FEMB) for Q4 2024, worth a combined $85.1M — down 31% from $123M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEMB positions and 9 closed out — a net gain of 7 holders — while 14 added to existing stakes and 33 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $13.2M. The largest seller was Morgan Stanley, cutting an estimated $13.3M.
- 70 institutional investors held First Trust Emerging Markets Local Currency Bond ETF (FEMB) as of Q4 2024, up from 66 in Q3 2024.
- Funds reported $85.1M of First Trust Emerging Markets Local Currency Bond ETF stock for Q4 2024, down 31% quarter-over-quarter.
- 16 funds opened new First Trust Emerging Markets Local Currency Bond ETF positions in Q4 2024 and 9 closed out, a net change of +7 holders.
- The largest First Trust Emerging Markets Local Currency Bond ETF buyer in Q4 2024 was Jane Street, an estimated $13.2M added.
- The largest First Trust Emerging Markets Local Currency Bond ETF seller in Q4 2024 was Morgan Stanley, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2024.