First Trust Emerging Markets AlphaDEX Fund
FEM
99 hedge funds and large institutions have $290M invested in First Trust Emerging Markets AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 14 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
12% more capital invested
Capital invested by funds: $258M → $290M (+$32M)
1.11% more ownership
Funds ownership: 69.41% → 70.52% (+1.1%)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% less funds holding
Funds holding: 100 → 99 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.17M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.84M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.23M |
| 5 |
LPL Financial
San Diego,
California
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.09M |
| 2 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$1.38M |
| 3 |
Jane Street
New York
|
-$1.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$917K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$850K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Citadel Advisors
Miami,
Florida
| – | -$917K | -43,608 | Closed |
|
|
MCC
102
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$850K | -40,397 | Closed |
|
|
SG
103
StoneX Group
New York
| – | -$784K | -37,301 | Closed |
|
|
EAM
104
Empirical Asset Management
Wellesley,
Massachusetts
| – | -$549K | -26,095 | Closed |
|
105
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$546K | -25,849 | Closed |
|
|
CWA
106
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$328K | -15,302 | Closed |
|
|
CCM
107
Chiron Capital Management
Tallahassee,
Florida
| – | -$298K | -14,174 | Closed |
|
|
VF
108
Virtu Financial
New York
| – | -$293K | -13,955 | Closed |
|
|
PA
109
Pinnacle Associates
New York
| – | -$210K | -9,993 | Closed |
|
|
CS
110
Comerica Securities
Detroit,
Michigan
| – | -$124K | -5,880 | Closed |
|
111
Creative Planning
Overland Park,
Kansas
| – | -$9.19K | -437 | Closed |
|
|
LS
112
Leelyn Smith
Geneva,
Illinois
| – | -$8.35K | -397 | Closed |
|
|
CWA
113
Clearview Wealth Advisors
Salem,
Oregon
| – | -$2.08K | -98 | Closed |
|
FEM Hedge Fund Activity: Q1 2023 in Review
99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2023, worth a combined $290M — up 12% from $258M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEM positions and 14 closed out — a net gain of 1 holder — while 40 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Baird Financial Group, cutting an estimated $3.09M.
- 99 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2023, down from 100 in Q4 2022.
- Funds reported $290M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2023, up 12% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2023 and 14 closed out, a net change of +1 holder.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2023 was Morgan Stanley, an estimated $11.3M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2023 was Baird Financial Group, an estimated $3.09M sold.
Based on aggregated 13F filings for Q1 2023.