First Trust Emerging Markets AlphaDEX Fund
FEM
37 hedge funds and large institutions have $269M invested in First Trust Emerging Markets AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
9% more funds holding
Funds holding: 34 → 37 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $271M → $269M (-$2.43M)
2.17% less ownership
Funds ownership: 80.6% → 78.44% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$19.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.39M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.4M |
| 4 |
Jane Street
New York
|
+$2.38M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$769K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.59M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$6.24M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$3.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.38M |
| 5 |
Morgan Stanley
New York
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| $376K | -$22.5K | -957 | -6% |
|
|
SI
27
Stephens Inc
Little Rock,
Arkansas
| $257K | -$189K | -8,043 | -43% |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $244K | +$62.3K | +2,650 | +35% |
|
29
Citigroup
New York
| $239K | +$232K | +9,866 | +10,067% |
|
|
SAM
30
Shamrock Asset Management
Dallas,
Texas
| $203K | +$200K | +8,487 | New |
|
31
HighTower Advisors
Chicago,
Illinois
| $202K | – | – | – |
|
32
Ameriprise
Minneapolis,
Minnesota
| $182K | +$1.44K | +61 | +0.8% |
|
33
AssetMark Inc
Concord,
California
| $143K | +$88.4K | +3,756 | +168% |
|
|
AIG
34
American International Group
New York
| $74.5K | +$70K | +2,974 | +2,124% |
|
|
RIA
35
Regal Investment Advisors
Kentwood,
Michigan
| $19K | +$18.8K | +800 | New |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| $18K | +$17.6K | +750 | New |
|
|
WA
37
WFG Advisors
Dallas,
Texas
| $6K | – | – | – |
|
|
B
38
Baird
Milwaukee,
Wisconsin
| – | -$273K | -11,005 | Closed |
|
|
NA
39
Navellier & Associates
Reno,
Nevada
| – | -$238K | -9,603 | Closed |
|
40
US Bancorp
Minneapolis,
Minnesota
| – | -$18K | -735 | Closed |
|
FEM Hedge Fund Activity: Q1 2014 in Review
37 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2014, worth a combined $269M — down 0.89% from $271M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEM positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $19.2M. The largest seller was Wells Fargo, cutting an estimated $6.59M.
- 37 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2014, up from 34 in Q4 2013.
- Funds reported $269M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2014, down 0.89% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2014 and 3 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $19.2M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2014 was Wells Fargo, an estimated $6.59M sold.
Based on aggregated 13F filings for Q1 2014.