First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
37 hedge funds and large institutions have $65.8M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 8 closing their positions.
2.07% more ownership
Funds ownership: 56.49% → 58.56% (+2.1%)
8% less funds holding
Funds holding: 40 → 37 (-3)
22% less capital invested
Capital invested by funds: $84.2M → $65.8M (-$18.4M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.24M |
| 2 |
AC
Avestar Capital
New York
|
+$687K |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$571K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$349K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$4.09M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.83M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.67M |
| 4 |
Jane Street
New York
|
-$2.08M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.13M |
RFEM Hedge Fund Activity: Q3 2018 in Review
37 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q3 2018, worth a combined $65.8M — down 22% from $84.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RFEM and 5 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 11 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $2.24M. The largest seller was BB&T Securities, cutting an estimated $4.09M.
- 37 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q3 2018, down from 40 in Q2 2018.
- Funds reported $65.8M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q3 2018, down 22% quarter-over-quarter.
- 5 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q3 2018 and 8 closed out, a net change of -3 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q3 2018 was Raymond James Financial Services Advisors, an estimated $2.24M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q3 2018 was BB&T Securities, an estimated $4.09M sold.
Based on aggregated 13F filings for Q3 2018.