First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
33 hedge funds and large institutions have $51.7M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
27% more funds holding
Funds holding: 26 → 33 (+7)
1% more capital invested
Capital invested by funds: $51.1M → $51.7M (+$555K)
6.59% less ownership
Funds ownership: 76.08% → 69.49% (-6.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.75M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.03M |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$987K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$480K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.45M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.19M |
| 3 |
VF
Virtu Financial
New York
|
-$875K |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$428K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$357K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
26
MGO One Seven
Beachwood,
Ohio
| $78K | +$76.3K | +1,104 | New |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $71.5K | +$70.2K | +1,015 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $69K | – | – | – |
|
29
Morgan Stanley
New York
| $35K | -$42.7K | -618 | -55% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | – | – | – |
|
|
FAAS
31
First Allied Advisory Services
San Diego,
California
| $15K | +$14.9K | +216 | New |
|
|
VFA
32
Valeo Financial Advisors
Carmel,
Indiana
| $10K | +$9.61K | +139 | New |
|
33
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$2.97K | +43 | New |
|
|
VF
34
Virtu Financial
New York
| – | -$875K | -13,036 | Closed |
|
|
OMC
35
Old Mission Capital
Chicago,
Illinois
| – | -$357K | -5,316 | Closed |
|
RFEM Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q4 2017, worth a combined $51.7M — up 1.1% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RFEM positions and 2 closed out — a net gain of 7 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.75M. The largest seller was Jane Street, cutting an estimated $5.45M.
- 33 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q4 2017, up from 26 in Q3 2017.
- Funds reported $51.7M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q4 2017, up 1.1% quarter-over-quarter.
- 9 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q4 2017 and 2 closed out, a net change of +7 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $1.75M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q4 2017 was Jane Street, an estimated $5.45M sold.
Based on aggregated 13F filings for Q4 2017.