First Trust Emerging Markets AlphaDEX Fund
FEM
61 hedge funds and large institutions have $189M invested in First Trust Emerging Markets AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 7 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
41% more capital invested
Capital invested by funds: $134M → $189M (+$55.1M)
7% more funds holding
Funds holding: 57 → 61 (+4)
14.13% less ownership
Funds ownership: 80.45% → 66.32% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$10.9M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.69M |
| 3 |
Morgan Stanley
New York
|
+$7.21M |
| 4 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$6.07M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$1.9M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.85M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.75M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$981K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$525K |
FEM Hedge Fund Activity: Q2 2017 in Review
61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2017, worth a combined $189M — up 41% from $134M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEM positions and 7 closed out — a net gain of 4 holders — while 28 added to existing stakes and 15 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $10.9M. The largest seller was HL Financial Services, cutting an estimated $1.9M.
- 61 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2017, up from 57 in Q1 2017.
- Funds reported $189M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2017, up 41% quarter-over-quarter.
- 11 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2017 and 7 closed out, a net change of +4 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2017 was Hays Advisory, an estimated $10.9M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2017 was HL Financial Services, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2017.