First Trust Emerging Markets AlphaDEX Fund
FEM
41 hedge funds and large institutions have $61.2M invested in First Trust Emerging Markets AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 11 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
18% less funds holding
Funds holding: 50 → 41 (-9)
26.08% less ownership
Funds ownership: 73.9% → 47.82% (-26%)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
72% less capital invested
Capital invested by funds: $216M → $61.2M (-$155M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.04M |
| 2 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$1.55M |
| 3 |
Morgan Stanley
New York
|
+$1.14M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.03M |
| 5 |
Jane Street
New York
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.65M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.29M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.84M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.77M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.39M |
FEM Hedge Fund Activity: Q3 2015 in Review
41 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2015, worth a combined $61.2M — down 72% from $216M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FEM and 4 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $7.04M. The largest seller was Wells Fargo, cutting an estimated $9.65M.
- 41 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2015, down from 50 in Q2 2015.
- Funds reported $61.2M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2015, down 72% quarter-over-quarter.
- 4 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2015 and 11 closed out, a net change of -7 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $7.04M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2015 was Wells Fargo, an estimated $9.65M sold.
Based on aggregated 13F filings for Q3 2015.