First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
33 hedge funds and large institutions have $26M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
14% more capital invested
Capital invested by funds: $22.9M → $26M (+$3.11M)
6% more funds holding
Funds holding: 31 → 33 (+2)
2.8% more ownership
Funds ownership: 82.7% → 85.5% (+2.8%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.11M |
| 2 |
Jane Street
New York
|
+$815K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$750K |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$308K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$759K |
| 3 |
LPL Financial
San Diego,
California
|
-$240K |
| 4 |
KIG
Kowal Investment Group
Brookfield,
Wisconsin
|
-$211K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $22.8K | -$16.1K | -320 | -42% |
|
|
AWM
27
Accel Wealth Management
Waverly,
Iowa
| $13.2K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $9.02K | +$8.95K | +178 | New |
|
29
Morgan Stanley
New York
| $7.1K | -$8.3K | -165 | -54% |
|
|
FGAM
30
Financial Gravity Asset Management
Lakeway,
Texas
| $4.12K | +$2.56K | +51 | New |
|
|
WWMSC
31
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $304 | – | – | – |
|
|
DI
32
Disciplined Investments
Tulsa,
Oklahoma
| $253 | – | – | – |
|
|
NA
33
NewEdge Advisors
New Orleans,
Louisiana
| $49 | +$48.7K | +968 | New |
|
|
34
LPL Financial
San Diego,
California
| – | -$240K | -5,207 | Closed |
|
|
KIG
35
Kowal Investment Group
Brookfield,
Wisconsin
| – | -$211K | -4,575 | Closed |
|
|
36
Koshinski Asset Management
Decatur,
Illinois
| – | -$206K | -4,479 | Closed |
|
RFEM Hedge Fund Activity: Q4 2022 in Review
33 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q4 2022, worth a combined $26M — up 14% from $22.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFEM positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $1.11M. The largest seller was Royal Bank of Canada, cutting an estimated $1.14M.
- 33 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q4 2022, up from 31 in Q3 2022.
- Funds reported $26M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q4 2022, up 14% quarter-over-quarter.
- 6 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q4 2022 and 3 closed out, a net change of +3 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q4 2022 was Flow Traders U.S., an estimated $1.11M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q4 2022 was Royal Bank of Canada, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2022.