First Trust Emerging Markets AlphaDEX Fund
FEM
107 hedge funds and large institutions have $289M invested in First Trust Emerging Markets AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 60 reducing their positions, and 18 closing their positions.
6.05% less ownership
Funds ownership: 64.56% → 58.51% (-6.1%)
12% less funds holding
Funds holding: 121 → 107 (-14)
18% less capital invested
Capital invested by funds: $353M → $289M (-$63.2M)
50% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 60
72% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.54M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.55M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$831K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$664K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.61M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.48M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.44M |
| 5 |
Morgan Stanley
New York
|
-$3.43M |
FEM Hedge Fund Activity: Q3 2021 in Review
107 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2021, worth a combined $289M — down 18% from $353M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FEM and 5 opened new positions — a net loss of 13 holders — while 60 trimmed existing stakes and 30 added.
The largest buyer was MML Investors Services, adding an estimated $2.54M. The largest seller was Wells Fargo, cutting an estimated $9.61M.
- 107 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2021, down from 121 in Q2 2021.
- Funds reported $289M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2021, down 18% quarter-over-quarter.
- 5 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2021 and 18 closed out, a net change of -13 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2021 was MML Investors Services, an estimated $2.54M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2021 was Wells Fargo, an estimated $9.61M sold.
Based on aggregated 13F filings for Q3 2021.