First Trust Emerging Markets Equity Select ETF
RNEM
14 hedge funds and large institutions have $18.2M invested in First Trust Emerging Markets Equity Select ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
230% more capital invested
Capital invested by funds: $5.52M → $18.2M (+$12.7M)
125.66% more ownership
Funds ownership: 61.86% → 187.52% (+126%)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
17% more funds holding
Funds holding: 12 → 14 (+2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$12.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.71M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$737K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$247K |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.72M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$959K |
| 3 |
Jane Street
New York
|
-$518K |
| 4 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$12.3K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$3.62K |
RNEM Hedge Fund Activity: Q2 2023 in Review
14 of the 6,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q2 2023, worth a combined $18.2M — up 230% from $5.52M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RNEM positions and 3 closed out — a net gain of 3 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Great Valley Advisor Group, opening a new position worth an estimated $12.1M. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.72M sold.
- 14 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q2 2023, up from 12 in Q1 2023.
- Funds reported $18.2M of First Trust Emerging Markets Equity Select ETF stock for Q2 2023, up 230% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q2 2023 and 3 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q2 2023 was Great Valley Advisor Group, an estimated $12.1M added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q2 2023 was Old Mission Capital, an estimated $1.72M sold.
Based on aggregated 13F filings for Q2 2023.