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First Trust Emerging Markets AlphaDEX Fund

104 hedge funds and large institutions have $373M invested in First Trust Emerging Markets AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 51 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.95% more ownership

Funds ownership: 63.23%64.18% (+0.95%)

5% less funds holding

Funds holding: 109104 (-5)

17% less capital invested

Capital invested by funds: $449M → $373M (-$75.6M)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

45% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 51

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
104
Holders Change
-5
Holders Change %
-4.59%
% of All Funds
2.28%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
28
Reduced
51
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CBFP
26
Cedar Brook Financial Partners
Ohio
$2.15M -$176K -7,280 -7%
PWMAG
27
Pinnacle Wealth Management Advisory Group
New Jersey
$1.95M -$1.1M -45,455 -35%
AW
28
ACG Wealth
Georgia
$1.65M -$618K -25,612 -27%
Jane Street
29
Jane Street
New York
$1.61M +$1.65M +68,401 New
CCA
30
Clearwater Capital Advisors
Illinois
$1.48M -$398K -16,485 -21%
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$1.45M -$53.9K -2,230 -4%
HighTower Advisors
32
HighTower Advisors
Illinois
$1.22M -$29.9K -1,239 -2%
CAN
33
Cetera Advisor Networks
California
$1.22M -$118K -4,891 -9%
SPIA
34
Steward Partners Investment Advisory
New York
$1.21M -$4.78K -198 -0.4%
CPIG
35
Chicago Partners Investment Group
Illinois
$1.16M +$131K +5,444 +13%
US Bancorp
36
US Bancorp
Minnesota
$1.16M -$10.3K -426 -0.9%
SAM
37
SignalPoint Asset Management
Missouri
$1.15M -$12.8K -530 -1%
LFG
38
Larson Financial Group
Missouri
$1.12M +$1.15M +47,729 New
FWM
39
Frontier Wealth Management
Missouri
$1.01M -$2K -83 -0.2%
VF
40
Virtu Financial
New York
$878K +$900K +37,290 New
Citadel Advisors
41
Citadel Advisors
Florida
$804K -$525K -21,747 -39%
OIA
42
OneDigital Investment Advisors
Kansas
$772K +$51.8K +2,146 +7%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$731K +$749K +31,014 New
FAAS
44
First Allied Advisory Services
California
$709K -$253K -10,468 -26%
IA
45
IFP Advisors
Florida
$607K +$620K +25,677 New
LWAC
46
Laurel Wealth Advisors (California)
California
$602K +$23.5K +972 +4%
CWM
47
Cornerstone Wealth Management
Missouri
$593K -$13.4K -556 -2%
MIAN
48
Mariner Independent Advisor Network
Kansas
$592K -$2.85K -118 -0.5%
First Trust Advisors
49
First Trust Advisors
Illinois
$579K +$12.8K +528 +2%
KFGK
50
Keystone Financial Group (Kentucky)
Kentucky
$577K -$407K -16,845 -41%

FEM Hedge Fund Activity: Q3 2019 in Review

104 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2019, worth a combined $373M — down 17% from $449M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FEM and 13 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 28 added.

The largest buyer was Royal Bank of Canada, adding an estimated $4.32M. The largest seller was Morgan Stanley, cutting an estimated $17.3M.

  • 104 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2019, down from 109 in Q2 2019.
  • Funds reported $373M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2019, down 17% quarter-over-quarter.
  • 13 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2019 and 18 closed out, a net change of -5 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2019 was Royal Bank of Canada, an estimated $4.32M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2019 was Morgan Stanley, an estimated $17.3M sold.

Based on aggregated 13F filings for Q3 2019.