First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
33 hedge funds and large institutions have $29M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 3 closing their positions.
3% less funds holding
Funds holding: 34 → 33 (-1)
3.88% less ownership
Funds ownership: 94.6% → 90.72% (-3.9%)
7% less capital invested
Capital invested by funds: $31.2M → $29M (-$2.24M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
+$1.73M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$770K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$87.6K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$18.1K |
| 5 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$7.25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$828K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$555K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$500K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$464K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$412K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
26
Coppell Advisory Solutions
Coppell,
Texas
| $41.7K | -$7.41K | -135 | -14% |
|
27
Morgan Stanley
New York
| $7.46K | – | – | – |
|
28
JP Morgan Chase
New York
| $5.63K | +$3.73K | +68 | +184% |
|
29
UBS Group
Zurich,
Switzerland
| $3.52K | -$102K | -1,860 | -97% |
|
|
HI
30
Harbour Investments
Madison,
Wisconsin
| $2.66K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $1.48K | -$55 | -1 | -3% |
|
|
WWMSC
32
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $639 | +$165 | +3 | +33% |
|
33
Wells Fargo
San Francisco,
California
| $90 | -$25.5K | -464 | -100% |
|
|
T
34
TRUADVICE
Sarasota,
Florida
| – | -$280K | -5,116 | Closed |
|
35
LPL Financial
San Diego,
California
| – | -$204K | -3,701 | Closed |
|
|
FGAM
36
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$5.66K | -55 | Closed |
|
RFEM Hedge Fund Activity: Q3 2023 in Review
33 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q3 2023, worth a combined $29M — down 7.2% from $31.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RFEM and 2 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 8 added.
The largest buyer was Kesler Norman & Wride, opening a new position worth an estimated $1.73M. The largest seller was Jane Street, cutting an estimated $828K.
- 33 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q3 2023, down from 34 in Q2 2023.
- Funds reported $29M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q3 2023, down 7.2% quarter-over-quarter.
- 2 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q3 2023 was Kesler Norman & Wride, an estimated $1.73M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q3 2023 was Jane Street, an estimated $828K sold.
Based on aggregated 13F filings for Q3 2023.