First Trust Emerging Markets Equity Select ETF
RNEM
7 hedge funds and large institutions have $2.92M invested in First Trust Emerging Markets Equity Select ETF in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and closing their positions.
75% more funds holding
Funds holding: 4 → 7 (+3)
11.78% more ownership
Funds ownership: 67.08% → 78.86% (+12%)
21% less capital invested
Capital invested by funds: $3.69M → $2.92M (-$771K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.78M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$99K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$26.5K |
| 4 |
CWA
Clarus Wealth Advisors
Peoria,
Arizona
|
+$5.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.34M | -$1M | -18,882 | -41% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $748K | -$291K | -5,495 | -27% |
|
|
CWM
3
Cornerstone Wealth Management
St. Peters,
Missouri
| $687K | +$1.78M | +33,684 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $96K | +$99K | +1,870 | +2,493% |
|
|
GWM
5
Geneos Wealth Management
Englewood,
Colorado
| $24K | +$26.5K | +500 | New |
|
6
Envestnet Asset Management
Chicago,
Illinois
| $10K | – | – | – |
|
|
CWA
7
Clarus Wealth Advisors
Peoria,
Arizona
| $6K | +$5.3K | +100 | New |
|
RNEM Hedge Fund Activity: Q2 2018 in Review
7 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q2 2018, worth a combined $2.92M — down 21% from $3.69M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RNEM positions and 0 closed out — a net gain of 3 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $1.78M. The largest seller was Jane Street, cutting an estimated $1M.
- 7 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q2 2018, up from 4 in Q1 2018.
- Funds reported $2.92M of First Trust Emerging Markets Equity Select ETF stock for Q2 2018, down 21% quarter-over-quarter.
- 3 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q2 2018 and 0 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $1.78M added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q2 2018 was Jane Street, an estimated $1M sold.
Based on aggregated 13F filings for Q2 2018.