First Trust Emerging Markets AlphaDEX Fund
FEM
105 hedge funds and large institutions have $275M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 14 closing their positions.
2% more capital invested
Capital invested by funds: $269M → $275M (+$6.02M)
0.4% more ownership
Funds ownership: 63.55% → 63.95% (+0.4%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 107 → 105 (-2)
37% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.57M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.1M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$1.4M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.17M |
| 5 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$825K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.89M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.97M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.17M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$4.14M |
FEM Hedge Fund Activity: Q2 2020 in Review
105 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2020, worth a combined $275M — up 2.2% from $269M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FEM and 13 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 31 added.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $2.57M. The largest seller was Bank of America, cutting an estimated $11.4M.
- 105 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2020, down from 107 in Q1 2020.
- Funds reported $275M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2020, up 2.2% quarter-over-quarter.
- 13 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2020 and 14 closed out, a net change of -1 holder.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2020 was Qube Research & Technologies (QRT), an estimated $2.57M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2020 was Bank of America, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2020.