First Trust Emerging Markets AlphaDEX Fund
FEM
98 hedge funds and large institutions have $387M invested in First Trust Emerging Markets AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 15 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
1.72% more ownership
Funds ownership: 59.56% → 61.28% (+1.7%)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
3% less capital invested
Capital invested by funds: $398M → $387M (-$10.4M)
2% less funds holding
Funds holding: 100 → 98 (-2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$24M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$14.2M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$4.62M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$3.92M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.23M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.74M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$3.79M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
101
Navellier & Associates
Reno,
Nevada
| – | -$598K | -20,431 | Closed |
|
102
M&T Bank
Buffalo,
New York
| – | -$481K | -16,415 | Closed |
|
|
AIP
103
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$474K | -16,180 | Closed |
|
|
DC
104
Davenport & Co
Richmond,
Virginia
| – | -$469K | -16,020 | Closed |
|
|
BRF
105
B. Riley Financial
Los Angeles,
California
| – | -$465K | -15,865 | Closed |
|
|
CAN
106
Cetera Advisor Networks
El Segundo,
California
| – | -$422K | -14,365 | Closed |
|
107
Renaissance Technologies
New York
| – | -$208K | -7,100 | Closed |
|
|
RFWA
108
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$59.2K | -2,020 | Closed |
|
|
1IA
109
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$30K | -1,033 | Closed |
|
|
SP
110
SWS Partners
Columbus,
Ohio
| – | -$5K | -449 | Closed |
|
|
S
111
SignatureFD
Atlanta,
Georgia
| – | -$12K | -405 | Closed |
|
|
TFS
112
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$8K | -276 | Closed |
|
FEM Hedge Fund Activity: Q2 2018 in Review
98 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2018, worth a combined $387M — down 2.6% from $398M a quarter earlier.
Fund positioning in FEM was balanced in Q2 2018: 15 funds opened new positions, 15 closed out, 43 added to existing stakes and 28 trimmed.
The largest buyer was Citigroup, adding an estimated $24M. The largest seller was Jane Street, cutting an estimated $6.3M.
- 98 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2018, down from 100 in Q1 2018.
- Funds reported $387M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2018, down 2.6% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2018 and 15 closed out, a net change of 0 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2018 was Citigroup, an estimated $24M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2018 was Jane Street, an estimated $6.3M sold.
Based on aggregated 13F filings for Q2 2018.