First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
37 hedge funds and large institutions have $33.4M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
15% more capital invested
Capital invested by funds: $29M → $33.4M (+$4.44M)
12% more funds holding
Funds holding: 33 → 37 (+4)
3.52% more ownership
Funds ownership: 90.72% → 94.24% (+3.5%)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$3.54M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$453K |
| 3 |
Jane Street
New York
|
+$450K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$313K |
| 5 |
LPL Financial
San Diego,
California
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.87M |
| 2 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
-$1.68M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$288K |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$275K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$94.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NS
26
NBC Securities
Birmingham,
Alabama
| $65K | – | – | – |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| $57.7K | – | – | – |
|
|
SS
28
Sunbelt Securities
Houston,
Texas
| $54.7K | -$25.9K | -468 | -34% |
|
|
29
Osaic Holdings
Scottsdale,
Arizona
| $29.2K | -$94.2K | -1,701 | -77% |
|
30
Morgan Stanley
New York
| $16.8K | +$7.86K | +142 | +101% |
|
31
UBS Group
Zurich,
Switzerland
| $6.68K | +$2.6K | +47 | +71% |
|
32
JP Morgan Chase
New York
| $6.25K | – | – | – |
|
|
HI
33
Harbour Investments
Madison,
Wisconsin
| $2.96K | – | – | – |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| $1.66K | – | – | – |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| $1.36K | +$1.27K | +23 | New |
|
|
WWMSC
36
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $650 | -$55 | -1 | -8% |
|
37
Wells Fargo
San Francisco,
California
| $100 | – | – | – |
|
|
KNW
38
Kesler Norman & Wride
Ogden,
Utah
| – | -$1.68M | -31,499 | Closed |
|
RFEM Hedge Fund Activity: Q4 2023 in Review
37 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q4 2023, worth a combined $33.4M — up 15% from $29M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RFEM positions and 1 closed out — a net gain of 4 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Old Mission Capital, adding an estimated $3.54M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.87M.
- 37 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q4 2023, up from 33 in Q3 2023.
- Funds reported $33.4M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q4 2023, up 15% quarter-over-quarter.
- 5 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q4 2023 and 1 closed out, a net change of +4 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q4 2023 was Old Mission Capital, an estimated $3.54M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $1.87M sold.
Based on aggregated 13F filings for Q4 2023.