PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
32 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, 14 reducing their positions, and 5 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more capital invested
Capital invested by funds: $110M → $124M (+$14.5M)
0.96% more ownership
Funds ownership: 95.93% → 96.89% (+0.96%)
9% less funds holding
Funds holding: 35 → 32 (-3)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
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 |
PWMA
Pension & Wealth Management Advisors
Waltham,
Massachusetts
|
-$903K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$883K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$570K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$436K |
MFEM Hedge Fund Activity: Q1 2026 in Review
32 of the 8,191 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 13% from $110M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFEM and 3 opened new positions — a net loss of 2 holders — while 14 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.
- 32 institutional investors held PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) as of Q1 2026, down from 35 in Q4 2025.
- Funds reported $124M of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 3 funds opened new PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF positions in Q1 2026 and 5 closed out, a net change of -2 holders.
- 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.