First Trust Emerging Markets AlphaDEX Fund
FEM
100 hedge funds and large institutions have $258M invested in First Trust Emerging Markets AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
42% more capital invested
Capital invested by funds: $182M → $258M (+$76.5M)
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
6.67% more ownership
Funds ownership: 62.73% → 69.41% (+6.7%)
6% more funds holding
Funds holding: 94 → 100 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$24M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$12.8M |
| 3 |
Morgan Stanley
New York
|
+$3.71M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.84M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.94M |
| 2 |
Jane Street
New York
|
-$4.28M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.56M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.05M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$789K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TLFA
101
True Link Financial Advisors
San Francisco,
California
| – | -$412K | -22,275 | Closed |
|
|
OMC
102
Old Mission Capital
Chicago,
Illinois
| – | -$248K | -13,389 | Closed |
|
|
IA
103
IFG Advisory
Atlanta,
Georgia
| – | -$221K | -11,997 | Closed |
|
|
AWA
104
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$204K | -11,026 | Closed |
|
105
First Manhattan
New York
| – | -$73K | -3,979 | Closed |
|
|
ADL
106
Asset Dedication LLC
San Francisco,
California
| – | -$27K | -1,438 | Closed |
|
|
SL
107
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$15K | -798 | Closed |
|
|
WWMSC
108
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$5K | -256 | Closed |
|
|
GWSG
109
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$3K | -182 | Closed |
|
|
AWM
110
Avior Wealth Management
Omaha,
Nebraska
| – | -$1K | -81 | Closed |
|
|
FGAM
111
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$144 | -18 | Closed |
|
FEM Hedge Fund Activity: Q4 2022 in Review
100 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2022, worth a combined $258M — up 42% from $182M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEM positions and 12 closed out — a net gain of 7 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $24M. The largest seller was Bank of America, cutting an estimated $8.94M.
- 100 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2022, up from 94 in Q3 2022.
- Funds reported $258M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2022, up 42% quarter-over-quarter.
- 19 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2022 and 12 closed out, a net change of +7 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2022 was First Trust Advisors, an estimated $24M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2022 was Bank of America, an estimated $8.94M sold.
Based on aggregated 13F filings for Q4 2022.