First Trust Emerging Markets AlphaDEX Fund
FEM
57 hedge funds and large institutions have $134M invested in First Trust Emerging Markets AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 10 reducing their positions, and 6 closing their positions.
210% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
52% more capital invested
Capital invested by funds: $88M → $134M (+$45.6M)
20.76% more ownership
Funds ownership: 59.69% → 80.45% (+21%)
6% more funds holding
Funds holding: 54 → 57 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.4M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$3.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.63M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.86M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$913K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$731K |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$231K |
| 4 |
LPL Financial
San Diego,
California
|
-$133K |
| 5 |
Citigroup
New York
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
51
Burt Wealth Advisors
North Bethesda,
Maryland
| $27K | – | – | – |
|
|
BC
52
Bartlett & Co
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
CFD
53
Creative Financial Designs
Kokomo,
Indiana
| $9K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $5K | +$4.5K | +201 | New |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $2K | +$2.24K | +100 | New |
|
|
57
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$913K | -44,948 | Closed |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$731K | -35,975 | Closed |
|
|
SB
59
Suntrust Banks
Atlanta,
Georgia
| – | -$231K | -11,699 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$12K | -600 | Closed |
|
|
FTUS
61
Flow Traders U.S.
New York
| – | -$7K | -324 | Closed |
|
FEM Hedge Fund Activity: Q1 2017 in Review
57 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2017, worth a combined $134M — up 52% from $88M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEM positions and 6 closed out — a net gain of 4 holders — while 31 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.4M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $913K sold.
- 57 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2017, up from 54 in Q4 2016.
- Funds reported $134M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2017, up 52% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2017 and 6 closed out, a net change of +4 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2017 was Morgan Stanley, an estimated $10.4M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2017 was Cambridge Investment Research Advisors, an estimated $913K sold.
Based on aggregated 13F filings for Q1 2017.