First Trust Emerging Markets Equity Select ETF
RNEM
8 hedge funds and large institutions have $1.8M invested in First Trust Emerging Markets Equity Select ETF in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 0 closing their positions.
33% more funds holding
Funds holding: 6 → 8 (+2)
13.08% less ownership
Funds ownership: 34.94% → 21.86% (-13%)
39% less capital invested
Capital invested by funds: $2.93M → $1.8M (-$1.13M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$96.2K |
| 2 |
Jane Street
New York
|
+$69K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$35.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.24M |
| 2 |
LPL Financial
San Diego,
California
|
-$76.8K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$43 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $840K | -$1.24M | -28,769 | -58% |
|
|
2
Jane Street
New York
| $442K | +$69K | +1,601 | +17% |
|
|
3
LPL Financial
San Diego,
California
| $328K | -$76.8K | -1,783 | -18% |
|
|
4
UBS Group
Zurich,
Switzerland
| $92K | +$96.2K | +2,233 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $55K | +$1.55K | +36 | +3% |
|
|
PFS
6
Prospera Financial Services
Dallas,
Texas
| $34K | +$35.9K | +833 | New |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $6K | -$12.9K | -300 | -69% |
|
|
8
Wells Fargo
San Francisco,
California
| – | -$43 | -1 | -50% |
|
RNEM Hedge Fund Activity: Q3 2020 in Review
8 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q3 2020, worth a combined $1.8M — down 39% from $2.93M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RNEM positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $96.2K. The largest seller was Susquehanna International Group, cutting an estimated $1.24M.
- 8 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q3 2020, up from 6 in Q2 2020.
- Funds reported $1.8M of First Trust Emerging Markets Equity Select ETF stock for Q3 2020, down 39% quarter-over-quarter.
- 2 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q3 2020 and 0 closed out, a net change of +2 holders.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q3 2020 was UBS Group, an estimated $96.2K added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q3 2020 was Susquehanna International Group, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2020.