First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
33 hedge funds and large institutions have $99.9M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 1 reducing their positions, and 2 closing their positions.
2,500% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 1
93% more capital invested
Capital invested by funds: $51.7M → $99.9M (+$48.2M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding
Funds holding: 33 → 33 (0)
4.04% less ownership
Funds ownership: 69.49% → 65.45% (-4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$24M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$10.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.41M |
| 4 |
Jane Street
New York
|
+$2.7M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$489K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$15K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$8.62K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $93K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $86K | – | – | – |
|
|
MOS
28
MGO One Seven
Beachwood,
Ohio
| $85K | +$2.62K | +35 | +3% |
|
29
Morgan Stanley
New York
| $42K | +$4.72K | +63 | +13% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $23K | +$23.2K | +309 | New |
|
|
VFA
31
Valeo Financial Advisors
Carmel,
Indiana
| $20K | +$9.59K | +128 | +92% |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | – | – | – |
|
33
UBS Group
Zurich,
Switzerland
| $2K | +$2.17K | +29 | New |
|
|
34
MML Investors Services
Springfield,
Massachusetts
| – | -$489K | -6,942 | Closed |
|
|
FAAS
35
First Allied Advisory Services
San Diego,
California
| – | -$15K | -216 | Closed |
|
RFEM Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q1 2018, worth a combined $99.9M — up 93% from $51.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFEM positions and 2 closed out — a net gain of 1 holder — while 26 added to existing stakes and 1 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $24M. The largest seller was MML Investors Services, exiting entirely with an estimated $489K sold.
- 33 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $99.9M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q1 2018, up 93% quarter-over-quarter.
- 3 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q1 2018 was RiverFront Investment Group, an estimated $24M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q1 2018 was MML Investors Services, an estimated $489K sold.
Based on aggregated 13F filings for Q1 2018.