First Trust Emerging Markets Equity Select ETF
RNEM
25 hedge funds and large institutions have $11.6M invested in First Trust Emerging Markets Equity Select ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
32% more funds holding
Funds holding: 19 → 25 (+6)
19.63% less ownership
Funds ownership: 83.23% → 63.6% (-20%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
62% less capital invested
Capital invested by funds: $30.1M → $11.6M (-$18.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.18M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1M |
| 3 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
+$707K |
| 4 |
T
Tidemark
San Diego,
California
|
+$571K |
| 5 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$18.1M |
| 2 |
AI
Arvest Investments
Rogers,
Arkansas
|
-$1.29M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$942K |
| 4 |
LPL Financial
San Diego,
California
|
-$924K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$430K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AI
26
Arvest Investments
Rogers,
Arkansas
| – | -$1.29M | -24,961 | Closed |
|
|
PTC
27
Private Trust Company
Cleveland,
Ohio
| – | -$26.6K | -516 | Closed |
|
28
Morgan Stanley
New York
| – | -$178 | -2 | Closed |
|
RNEM Hedge Fund Activity: Q1 2024 in Review
25 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q1 2024, worth a combined $11.6M — down 62% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RNEM positions and 3 closed out — a net gain of 6 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $1.18M. The largest seller was Great Valley Advisor Group, cutting an estimated $18.1M.
- 25 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q1 2024, up from 19 in Q4 2023.
- Funds reported $11.6M of First Trust Emerging Markets Equity Select ETF stock for Q1 2024, down 62% quarter-over-quarter.
- 9 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q1 2024 and 3 closed out, a net change of +6 holders.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q1 2024 was Old Mission Capital, an estimated $1.18M added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q1 2024 was Great Valley Advisor Group, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2024.