First Trust Emerging Markets AlphaDEX Fund
FEM
103 hedge funds and large institutions have $257M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 44 reducing their positions, and 12 closing their positions.
0.91% more ownership
Funds ownership: 63.95% → 64.86% (+0.91%)
2% less funds holding
Funds holding: 105 → 103 (-2)
6% less capital invested
Capital invested by funds: $275M → $257M (-$17.4M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
18% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.47M |
| 2 |
Jane Street
New York
|
+$2.97M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.76M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$1.61M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.63M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$6.12M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.07M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.19M |
FEM Hedge Fund Activity: Q3 2020 in Review
103 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2020, worth a combined $257M — down 6.3% from $275M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FEM and 10 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 36 added.
The largest buyer was Citadel Advisors, adding an estimated $3.47M. The largest seller was Bank of America, cutting an estimated $10.2M.
- 103 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2020, down from 105 in Q2 2020.
- Funds reported $257M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2020, down 6.3% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2020 and 12 closed out, a net change of -2 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2020 was Citadel Advisors, an estimated $3.47M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2020 was Bank of America, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2020.