First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
42 hedge funds and large institutions have $58.8M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
8% more funds holding
Funds holding: 39 → 42 (+3)
0.56% less ownership
Funds ownership: 73.26% → 72.7% (-0.56%)
16% less capital invested
Capital invested by funds: $70M → $58.8M (-$11.1M)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.14M |
| 3 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$807K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$418K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$3.93M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$3.72M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.47M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.17M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.65M |
RFEM Hedge Fund Activity: Q3 2019 in Review
42 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q3 2019, worth a combined $58.8M — down 16% from $70M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFEM positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 21 trimmed.
The largest buyer was Jane Street, adding an estimated $4.27M. The largest seller was NewEdge Advisors, cutting an estimated $3.93M.
- 42 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q3 2019, up from 39 in Q2 2019.
- Funds reported $58.8M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q3 2019, down 16% quarter-over-quarter.
- 6 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q3 2019 and 3 closed out, a net change of +3 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q3 2019 was Jane Street, an estimated $4.27M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q3 2019 was NewEdge Advisors, an estimated $3.93M sold.
Based on aggregated 13F filings for Q3 2019.