First Trust Emerging Markets AlphaDEX Fund
FEM
111 hedge funds and large institutions have $299M invested in First Trust Emerging Markets AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
7% more funds holding
Funds holding: 104 → 111 (+7)
1.99% less ownership
Funds ownership: 75.18% → 73.19% (-2%)
9% less capital invested
Capital invested by funds: $330M → $299M (-$31.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$11M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.72M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$2.38M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$2.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.4M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$12.6M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.65M |
| 4 |
Jane Street
New York
|
-$4.29M |
| 5 |
Morgan Stanley
New York
|
-$2.49M |
FEM Hedge Fund Activity: Q3 2023 in Review
111 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2023, worth a combined $299M — down 9.5% from $330M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEM positions and 5 closed out — a net gain of 7 holders — while 46 added to existing stakes and 39 trimmed.
The largest buyer was Old Mission Capital, adding an estimated $11M. The largest seller was First Trust Advisors, cutting an estimated $28.4M.
- 111 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2023, up from 104 in Q2 2023.
- Funds reported $299M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2023, down 9.5% quarter-over-quarter.
- 12 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2023 and 5 closed out, a net change of +7 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2023 was Old Mission Capital, an estimated $11M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2023 was First Trust Advisors, an estimated $28.4M sold.
Based on aggregated 13F filings for Q3 2023.