First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
44 hedge funds and large institutions have $52.8M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 25 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
5% more funds holding
Funds holding: 42 → 44 (+2)
1.43% more ownership
Funds ownership: 72.7% → 74.13% (+1.4%)
10% less capital invested
Capital invested by funds: $58.8M → $52.8M (-$6.04M)
60% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$3.95M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$2.25M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.53M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$969K |
| 5 |
Goldman Sachs
New York
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.76M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.3M |
| 4 |
AC
Avestar Capital
New York
|
-$1.34M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.03M |
RFEM Hedge Fund Activity: Q4 2019 in Review
44 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q4 2019, worth a combined $52.8M — down 10% from $58.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RFEM positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 25 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $3.95M. The largest seller was Jane Street, cutting an estimated $4.99M.
- 44 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q4 2019, up from 42 in Q3 2019.
- Funds reported $52.8M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q4 2019, down 10% quarter-over-quarter.
- 8 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q4 2019 and 5 closed out, a net change of +3 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q4 2019 was Truist Financial, an estimated $3.95M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q4 2019 was Jane Street, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2019.