First Trust Emerging Markets AlphaDEX Fund
FEM
110 hedge funds and large institutions have $419M invested in First Trust Emerging Markets AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
58% more capital invested
Capital invested by funds: $265M → $419M (+$154M)
11% more funds holding
Funds holding: 99 → 110 (+11)
3.44% more ownership
Funds ownership: 59.8% → 63.25% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$26.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.9M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.61M |
| 2 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
-$2.05M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$844K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$536K |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$514K |
FEM Hedge Fund Activity: Q1 2019 in Review
110 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2019, worth a combined $419M — up 58% from $265M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEM positions and 10 closed out — a net gain of 13 holders — while 49 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.6M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.61M sold.
- 110 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2019, up from 99 in Q4 2018.
- Funds reported $419M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2019, up 58% quarter-over-quarter.
- 23 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2019 and 10 closed out, a net change of +13 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2019 was Morgan Stanley, an estimated $30.6M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2019 was Citadel Advisors, an estimated $2.61M sold.
Based on aggregated 13F filings for Q1 2019.