First Trust Emerging Markets Equity Select ETF
RNEM
19 hedge funds and large institutions have $30.1M invested in First Trust Emerging Markets Equity Select ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more funds holding
Funds holding: 18 → 19 (+1)
3% more capital invested
Capital invested by funds: $29.1M → $30.1M (+$933K)
3.45% less ownership
Funds ownership: 86.68% → 83.23% (-3.4%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$4.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$230K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$180K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$49.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$34.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.24M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.63M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.59M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$459K |
RNEM Hedge Fund Activity: Q4 2023 in Review
19 of the 6,871 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Equity Select ETF (RNEM) for Q4 2023, worth a combined $30.1M — up 3.2% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RNEM positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Great Valley Advisor Group, adding an estimated $4.9M. The largest seller was Jane Street, cutting an estimated $2.24M.
- 19 institutional investors held First Trust Emerging Markets Equity Select ETF (RNEM) as of Q4 2023, up from 18 in Q3 2023.
- Funds reported $30.1M of First Trust Emerging Markets Equity Select ETF stock for Q4 2023, up 3.2% quarter-over-quarter.
- 5 funds opened new First Trust Emerging Markets Equity Select ETF positions in Q4 2023 and 4 closed out, a net change of +1 holder.
- The largest First Trust Emerging Markets Equity Select ETF buyer in Q4 2023 was Great Valley Advisor Group, an estimated $4.9M added.
- The largest First Trust Emerging Markets Equity Select ETF seller in Q4 2023 was Jane Street, an estimated $2.24M sold.
Based on aggregated 13F filings for Q4 2023.