iShares Frontier and Select EM ETF
FM was delisted on the 6th of January, 2025.
93 hedge funds and large institutions have $114M invested in iShares Frontier and Select EM ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 10 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 96 → 93 (-3)
3.44% less ownership
Funds ownership: 22.71% → 19.27% (-3.4%)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
75% less capital inflows, than outflows
Capital inflows: $12.2M | Capital outflows: $48.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.25M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.23M |
| 3 |
WAM
Worth Asset Management
Dallas,
Texas
|
+$996K |
| 4 |
Beacon Pointe Advisors
Newport Beach,
California
|
+$846K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$11.4M |
| 2 |
BlackRock
New York
|
-$6.49M |
| 3 |
Old Mission Capital
Chicago,
Illinois
|
-$6.42M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$6.16M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.88M |
FM Hedge Fund Activity: Q3 2023 in Review
93 of the 6,314 institutional investors tracked by Wall St. Rank reported a position in iShares Frontier and Select EM ETF (FM) for Q3 2023, worth a combined $114M — down 24% from $149M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FM and 7 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 31 added.
The largest buyer was Morgan Stanley, adding an estimated $1.25M. The largest seller was Jane Street, cutting an estimated $11.4M.
- 93 institutional investors held iShares Frontier and Select EM ETF (FM) as of Q3 2023, down from 96 in Q2 2023.
- Funds reported $114M of iShares Frontier and Select EM ETF stock for Q3 2023, down 24% quarter-over-quarter.
- 7 funds opened new iShares Frontier and Select EM ETF positions in Q3 2023 and 10 closed out, a net change of -3 holders.
- The largest iShares Frontier and Select EM ETF buyer in Q3 2023 was Morgan Stanley, an estimated $1.25M added.
- The largest iShares Frontier and Select EM ETF seller in Q3 2023 was Jane Street, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2023.