First Trust Emerging Markets AlphaDEX Fund
FEM
99 hedge funds and large institutions have $265M invested in First Trust Emerging Markets AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
9% more funds holding
Funds holding: 91 → 99 (+8)
6.69% more ownership
Funds ownership: 53.12% → 59.8% (+6.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $306M → $265M (-$40.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$17.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.91M |
| 3 |
PA
Pinnacle Associates
New York
|
+$5.75M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.1M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$20M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$12.9M |
| 3 |
Morgan Stanley
New York
|
-$12.7M |
| 4 |
Jane Street
New York
|
-$4.83M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.81M |
FEM Hedge Fund Activity: Q4 2018 in Review
99 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2018, worth a combined $265M — down 13% from $306M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FEM positions and 14 closed out — a net gain of 10 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $17.3M. The largest seller was Ameriprise, exiting entirely with an estimated $20M sold.
- 99 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2018, up from 91 in Q3 2018.
- Funds reported $265M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2018, down 13% quarter-over-quarter.
- 24 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2018 and 14 closed out, a net change of +10 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2018 was Private Advisor Group, an estimated $17.3M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2018 was Ameriprise, an estimated $20M sold.
Based on aggregated 13F filings for Q4 2018.