First Trust Emerging Markets AlphaDEX Fund
FEM
103 hedge funds and large institutions have $317M invested in First Trust Emerging Markets AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $296M → $317M (+$20.8M)
3% more funds holding
Funds holding: 100 → 103 (+3)
0.57% more ownership
Funds ownership: 75.59% → 76.16% (+0.57%)
14% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.3M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.15M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.6M |
| 4 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$939K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$900K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$6.15M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.97M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.02M |
| 5 |
Jane Street
New York
|
-$820K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ANBT
101
American National Bank & Trust
Wichita Falls,
Texas
| $3.34K | – | – | – |
|
|
DF
102
Dunhill Financial
London,
United Kingdom
| $2.95K | – | – | – |
|
103
JP Morgan Chase
New York
| $516 | -$1.93K | -83 | -80% |
|
|
AWS
104
Atria Wealth Solutions
New York
| – | -$675K | -29,543 | Closed |
|
|
CCA
105
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$261K | -11,402 | Closed |
|
106
Rockefeller Capital Management
New York
| – | -$232K | -10,146 | Closed |
|
|
NA
107
NewEdge Advisors
New Orleans,
Louisiana
| – | -$165K | -7,204 | Closed |
|
|
SIM
108
Synergy Investment Management
Altamonte Springs,
Florida
| – | -$75.1K | -3,285 | Closed |
|
|
EWM
109
EPG Wealth Management
Atlanta,
Georgia
| – | -$55.1K | -2,410 | Closed |
|
|
LIA
110
Luken Investment Analytics
Brentwood,
Tennessee
| – | -$3.43K | -150 | Closed |
|
FEM Hedge Fund Activity: Q2 2025 in Review
103 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2025, worth a combined $317M — up 7% from $296M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEM positions and 7 closed out — a net gain of 4 holders — while 37 added to existing stakes and 43 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $5.3M. The largest seller was Old Mission Capital, cutting an estimated $6.15M.
- 103 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2025, up from 100 in Q1 2025.
- Funds reported $317M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2025, up 7% quarter-over-quarter.
- 11 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2025 and 7 closed out, a net change of +4 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2025 was Cambridge Investment Research Advisors, an estimated $5.3M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2025 was Old Mission Capital, an estimated $6.15M sold.
Based on aggregated 13F filings for Q2 2025.