First Trust Emerging Markets AlphaDEX Fund
FEM
104 hedge funds and large institutions have $330M invested in First Trust Emerging Markets AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 27 reducing their positions, and 10 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 27
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
14% more capital invested
Capital invested by funds: $290M → $330M (+$39.7M)
5% more funds holding
Funds holding: 99 → 104 (+5)
4.66% more ownership
Funds ownership: 70.52% → 75.18% (+4.7%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIA
Luken Investment Analytics
Brentwood,
Tennessee
|
+$8.57M |
| 2 |
Morgan Stanley
New York
|
+$7.72M |
| 3 |
Jane Street
New York
|
+$6.81M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.89M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$3.32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$945K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$836K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$796K |
FEM Hedge Fund Activity: Q2 2023 in Review
104 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2023, worth a combined $330M — up 14% from $290M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEM positions and 10 closed out — a net gain of 6 holders — while 50 added to existing stakes and 27 trimmed.
The largest buyer was Luken Investment Analytics, adding an estimated $8.57M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $3.32M.
- 104 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2023, up from 99 in Q1 2023.
- Funds reported $330M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2023, up 14% quarter-over-quarter.
- 16 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2023 and 10 closed out, a net change of +6 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2023 was Luken Investment Analytics, an estimated $8.57M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2023 was Carson Wealth (CWM LLC), an estimated $3.32M sold.
Based on aggregated 13F filings for Q2 2023.