First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
39 hedge funds and large institutions have $70M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1.16% more ownership
Funds ownership: 72.1% → 73.26% (+1.2%)
5% less funds holding
Funds holding: 41 → 39 (-2)
15% less capital invested
Capital invested by funds: $82.4M → $70M (-$12.4M)
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.91M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.16M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$949K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$910K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$6.02M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.94M |
| 3 |
Jane Street
New York
|
-$2.92M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$450K |
RFEM Hedge Fund Activity: Q2 2019 in Review
39 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q2 2019, worth a combined $70M — down 15% from $82.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFEM positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 20 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.91M. The largest seller was RiverFront Investment Group, cutting an estimated $6.02M.
- 39 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q2 2019, down from 41 in Q1 2019.
- Funds reported $70M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q2 2019, down 15% quarter-over-quarter.
- 6 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q2 2019 and 5 closed out, a net change of +1 holder.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q2 2019 was Susquehanna International Group, an estimated $1.91M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q2 2019 was RiverFront Investment Group, an estimated $6.02M sold.
Based on aggregated 13F filings for Q2 2019.