First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
31 hedge funds and large institutions have $32.5M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2024 Q1 according to their latest regulatory filings, with 2 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 → $32.5M (-$880K)
5.62% less ownership
Funds ownership: 94.22% → 88.6% (-5.6%)
16% less funds holding
Funds holding: 37 → 31 (-6)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
71% less first-time investments, than exits
New positions opened: 2 | 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 |
RFEM Hedge Fund Activity: Q1 2024 in Review
31 of the 6,958 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 $32.5M — down 2.6% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RFEM and 2 opened new positions — a net loss of 5 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.
- 31 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $32.5M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q1 2024, down 2.6% quarter-over-quarter.
- 2 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q1 2024 and 7 closed out, a net change of -5 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.