iShares Frontier and Select EM ETF

FM

Market cap $188M

FM Hedge Fund Activity: Q1 2023 in Review

102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Frontier and Select EM ETF (FM) for Q1 2023, worth a combined $149M — down 58% from $359M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FM positions and 13 closed out — a net gain of 5 holders — while 34 added to existing stakes and 22 trimmed.

The largest buyer was Tradewinds Capital Management, opening a new position worth an estimated $27.7M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $1.04M sold.

• 102 institutional investors held iShares Frontier and Select EM ETF (FM) as of Q1 2023, up from 98 in Q4 2022.
• Funds reported $149M of iShares Frontier and Select EM ETF stock for Q1 2023, down 58% quarter-over-quarter.
• 18 funds opened new iShares Frontier and Select EM ETF positions in Q1 2023 and 13 closed out, a net change of +5 holders.
• The largest iShares Frontier and Select EM ETF buyer in Q1 2023 was Tradewinds Capital Management, an estimated $27.7M added.
• The largest iShares Frontier and Select EM ETF seller in Q1 2023 was Scopus Asset Management, an estimated $1.04M sold.

Based on aggregated 13F filings for Q1 2023.