First Trust Emerging Markets Equity Select ETF
RNEM
12 hedge funds and large institutions have $17.8M invested in First Trust Emerging Markets Equity Select ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
261% more capital invested
Capital invested by funds: $4.94M → $17.8M (+$12.9M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more funds holding
Funds holding: 11 → 12 (+1)
3.83% more ownership
Funds ownership: 58.03% → 61.86% (+3.8%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$638K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$623K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$17.7K |
| 4 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
+$12.1K |
| 5 |
Jane Street
New York
|
+$6.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$672K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$156K |
| 3 |
LPL Financial
San Diego,
California
|
-$129K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$6K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$219 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
M1FG
1
Mach-1 Financial Group
Rogers,
Arkansas
| $12.3M | +$12.1K | +276 | New |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $1.72M | -$672K | -15,321 | -28% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $1.1M | -$156K | -3,559 | -13% |
|
|
4
Jane Street
New York
| $826K | +$6.23K | +142 | +0.8% |
|
|
5
Envestnet Asset Management
Chicago,
Illinois
| $649K | +$638K | +14,541 | New |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $643K | +$623K | +14,217 | +8,124% |
|
|
7
LPL Financial
San Diego,
California
| $483K | -$129K | -2,939 | -21% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $46K | +$877 | +20 | +2% |
|
|
AIP
9
Ahrens Investment Partners
Lafayette,
Louisiana
| $18K | +$17.7K | +404 | New |
|
|
GRP
10
Global Retirement Partners
San Rafael,
California
| $10.7K | – | – | – |
|
|
HI
11
Harbour Investments
Madison,
Wisconsin
| $4.73K | -$219 | -5 | -5% |
|
|
BAM
12
Belpointe Asset Management
Reno,
Nevada
| $3.62K | – | – | – |
|
13
Wells Fargo
San Francisco,
California
| $19 | -$44 | -1 | Closed |
|
|
IA
14
IFP Advisors
Tampa,
Florida
| – | -$6K | -121 | Closed |
|
RNEM Hedge Fund Activity: Q1 2023 in Review
12 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q1 2023, worth a combined $17.8M — up 261% from $4.94M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RNEM positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $638K. The largest seller was Old Mission Capital, cutting an estimated $672K.
- 12 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $17.8M of First Trust Emerging Markets Equity Select ETF stock for Q1 2023, up 261% quarter-over-quarter.
- 3 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q1 2023 and 2 closed out, a net change of +1 holder.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $638K added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q1 2023 was Old Mission Capital, an estimated $672K sold.
Based on aggregated 13F filings for Q1 2023.