First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
32 hedge funds and large institutions have $32.6M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 7 closing their positions.
3% less capital invested
Capital invested by funds: $33.4M → $32.6M (-$884K)
5.63% less ownership
Funds ownership: 94.24% → 88.61% (-5.6%)
14% less funds holding
Funds holding: 37 → 32 (-5)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$580K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$532K |
| 3 |
LPL Financial
San Diego,
California
|
+$75.5K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$55.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$35.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$826K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$568K |
| 3 |
Jane Street
New York
|
-$542K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$301K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $6.56K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $4.66K | -$24.9K | -418 | -85% |
|
|
FGAM
28
Financial Gravity Asset Management
Lakeway,
Texas
| $4.41K | +$4.29K | +72 | New |
|
|
HI
29
Harbour Investments
Madison,
Wisconsin
| $3.06K | – | – | – |
|
|
TAM
30
Tucker Asset Management
Littleton,
Colorado
| $2.94K | +$2.86K | +48 | New |
|
31
Morgan Stanley
New York
| $2.14K | -$14.7K | -247 | -88% |
|
|
WWMSC
32
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $735 | +$60 | +1 | +9% |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $8 | -$1.67K | -28 | Closed |
|
34
Wells Fargo
San Francisco,
California
| $2 | -$119 | -2 | Closed |
|
|
35
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$280K | -4,694 | Closed |
|
|
RJA
36
Raymond James & Associates
St Petersburg,
Florida
| – | -$239K | -4,037 | Closed |
|
|
RCM
37
Raleigh Capital Management
Cary,
North Carolina
| – | -$65.6K | -1,108 | Closed |
|
38
UBS Group
Zurich,
Switzerland
| – | -$6.68K | -113 | Closed |
|
|
ASN
39
Advisory Services Network
Atlanta,
Georgia
| – | -$1.36K | -23 | Closed |
|
RFEM Hedge Fund Activity: Q1 2024 in Review
32 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q1 2024, worth a combined $32.6M — down 2.6% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RFEM and 3 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Old Mission Capital, adding an estimated $580K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $826K.
- 32 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $32.6M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q1 2024, down 2.6% quarter-over-quarter.
- 3 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q1 2024 and 7 closed out, a net change of -4 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q1 2024 was Old Mission Capital, an estimated $580K added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $826K sold.
Based on aggregated 13F filings for Q1 2024.