First Trust Emerging Markets AlphaDEX Fund
FEM
91 hedge funds and large institutions have $306M invested in First Trust Emerging Markets AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 13 closing their positions.
7% less funds holding
Funds holding: 98 → 91 (-7)
8.17% less ownership
Funds ownership: 61.28% → 53.12% (-8.2%)
21% less capital invested
Capital invested by funds: $387M → $306M (-$81.5M)
23% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 39
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.22M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.49M |
| 3 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
+$2.46M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.71M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$24.5M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.6M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$9.44M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.72M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
101
Bay Colony Advisors
Concord,
Massachusetts
| – | -$18K | -714 | Closed |
|
|
CF
102
Centaurus Financial
Anaheim,
California
| – | -$13K | -511 | Closed |
|
103
SEI Investments
Oaks,
Pennsylvania
| – | -$9K | -341 | Closed |
|
104
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$2K | -76 | Closed |
|
FEM Hedge Fund Activity: Q3 2018 in Review
91 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2018, worth a combined $306M — down 21% from $387M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FEM and 6 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 30 added.
The largest buyer was Jane Street, adding an estimated $5.22M. The largest seller was Citigroup, cutting an estimated $24.5M.
- 91 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2018, down from 98 in Q2 2018.
- Funds reported $306M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2018, down 21% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2018 and 13 closed out, a net change of -7 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2018 was Jane Street, an estimated $5.22M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2018 was Citigroup, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2018.