First Trust Emerging Markets AlphaDEX Fund
FEM
29 hedge funds and large institutions have $182M invested in First Trust Emerging Markets AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 7 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
136% more capital invested
Capital invested by funds: $77.1M → $182M (+$105M)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
39.73% more ownership
Funds ownership: 60.86% → 100.59% (+40%)
12% more funds holding
Funds holding: 26 → 29 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$48.4M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$22.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.27M |
| 4 |
Morgan Stanley
New York
|
+$7.82M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.12M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$1.3M |
| 3 |
SG Americas Securities
New York
|
-$1.24M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.21M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$530K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $200K | +$64.4K | +2,706 | +49% |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $169K | +$24.4K | +1,025 | +17% |
|
28
AssetMark Inc
Concord,
California
| $4K | +$4.29K | +180 | New |
|
|
AIG
29
American International Group
New York
| $3.4K | – | – | – |
|
|
BCM
30
Bluefin Capital Management
New York
| – | -$1.3M | -57,147 | Closed |
|
|
31
SG Americas Securities
New York
| – | -$1.24M | -53,905 | Closed |
|
|
FTUS
32
Flow Traders U.S.
New York
| – | -$1.21M | -52,558 | Closed |
|
|
BFA
33
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$270K | -11,703 | Closed |
|
|
FHC
34
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$98K | -4,272 | Closed |
|
35
Envestnet Asset Management
Chicago,
Illinois
| – | -$55K | -2,387 | Closed |
|
|
BFEC
36
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$6K | -240 | Closed |
|
FEM Hedge Fund Activity: Q3 2013 in Review
29 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2013, worth a combined $182M — up 136% from $77.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEM positions and 7 closed out — a net gain of 3 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $48.4M. The largest seller was Goldman Sachs, cutting an estimated $3.12M.
- 29 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2013, up from 26 in Q2 2013.
- Funds reported $182M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2013, up 136% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2013 and 7 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2013 was F-Squared Investment Management, an estimated $48.4M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2013 was Goldman Sachs, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2013.