PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
31 hedge funds and large institutions have $124M invested in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $108M → $124M (+$15.3M)
1.69% more ownership
Funds ownership: 94.76% → 96.45% (+1.7%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
9% less funds holding
Funds holding: 34 → 31 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Dahring Cusmano
Novi,
Michigan
|
+$5.19M |
| 2 |
Jane Street
New York
|
+$3.14M |
| 3 |
SC
Schiavi & Co
Wilmington,
Delaware
|
+$1.19M |
| 4 |
WN
Williams & Novak
Westlake Village,
California
|
+$634K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Austin Wealth Management
Austin,
Texas
|
-$2.08M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$883K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$570K |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$436K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$396K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $237K | -$77.8K | -3,051 | -24% |
|
|
RBC
27
Roble Belko & Company
Sewickley,
Pennsylvania
| $70K | -$50.6K | -1,984 | -41% |
|
28
AssetMark Inc
Concord,
California
| $30.2K | – | – | – |
|
|
BWL
29
Bogart Wealth LLC
Mclean,
Virginia
| $25K | +$25.5K | +1,000 | New |
|
|
PGAM
30
Princeton Global Asset Management
Princeton,
New Jersey
| $1.25K | – | – | – |
|
31
Morgan Stanley
New York
| $36 | – | – | – |
|
|
VF
32
Virtu Financial
New York
| – | -$303K | -13,099 | Closed |
|
|
ADL
33
Asset Dedication LLC
San Francisco,
California
| – | -$73K | -3,155 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$6.64K | -287 | Closed |
|
|
CIA
35
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$2.31K | -100 | Closed |
|
MFEM Hedge Fund Activity: Q1 2026 in Review
31 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) for Q1 2026, worth a combined $124M — up 14% from $108M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MFEM and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 12 added.
The largest buyer was Dahring Cusmano, opening a new position worth an estimated $5.19M. The largest seller was Austin Wealth Management, cutting an estimated $2.08M.
- 31 institutional investors held PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) as of Q1 2026, down from 34 in Q4 2025.
- Funds reported $124M of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock for Q1 2026, up 14% quarter-over-quarter.
- 3 funds opened new PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF positions in Q1 2026 and 4 closed out, a net change of -1 holder.
- The largest PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF buyer in Q1 2026 was Dahring Cusmano, an estimated $5.19M added.
- The largest PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF seller in Q1 2026 was Austin Wealth Management, an estimated $2.08M sold.
Based on aggregated 13F filings for Q1 2026.