First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
34 hedge funds and large institutions have $31.2M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $28M → $31.2M (+$3.27M)
7.02% more ownership
Funds ownership: 87.58% → 94.6% (+7%)
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.63M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.58M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$254K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$252K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$598K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$283K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$234K |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$185K |
| 5 |
T
TRUADVICE
Sarasota,
Florida
|
-$61.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $53.7K | – | – | – |
|
|
CAS
27
Coppell Advisory Solutions
Coppell,
Texas
| $52.4K | +$51.6K | +958 | New |
|
28
Wells Fargo
San Francisco,
California
| $25.6K | +$54 | +1 | +0.2% |
|
29
Morgan Stanley
New York
| $7.7K | – | – | – |
|
|
FGAM
30
Financial Gravity Asset Management
Lakeway,
Texas
| $5.66K | +$2.96K | +55 | New |
|
|
HI
31
Harbour Investments
Madison,
Wisconsin
| $2.75K | -$5.39K | -100 | -67% |
|
32
JP Morgan Chase
New York
| $2.02K | +$377 | +7 | +23% |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $1.53K | -$14.8K | -275 | -90% |
|
|
WWMSC
34
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $495 | +$108 | +2 | +29% |
|
|
IAIM
35
International Assets Investment Management
Orlando,
Florida
| – | -$234K | -7,427 | Closed |
|
|
AWM
36
Accel Wealth Management
Waverly,
Iowa
| – | -$13.9K | -260 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$1.23K | -23 | Closed |
|
RFEM Hedge Fund Activity: Q2 2023 in Review
34 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q2 2023, worth a combined $31.2M — up 12% from $28M a quarter earlier.
Fund positioning in RFEM was balanced in Q2 2023: 3 funds opened new positions, 3 closed out, 12 added to existing stakes and 17 trimmed.
The largest buyer was Jane Street, adding an estimated $1.63M. The largest seller was Flow Traders U.S., cutting an estimated $598K.
- 34 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $31.2M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q2 2023, up 12% quarter-over-quarter.
- 3 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q2 2023 and 3 closed out, a net change of 0 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q2 2023 was Jane Street, an estimated $1.63M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q2 2023 was Flow Traders U.S., an estimated $598K sold.
Based on aggregated 13F filings for Q2 2023.