First Trust Emerging Markets AlphaDEX Fund
FEM
126 hedge funds and large institutions have $424M invested in First Trust Emerging Markets AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 11 closing their positions.
218% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 11
21% more funds holding
Funds holding: 104 → 126 (+22)
14% more capital invested
Capital invested by funds: $373M → $424M (+$50.9M)
2.08% more ownership
Funds ownership: 64.18% → 66.26% (+2.1%)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.82M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.49M |
| 4 |
HR
Hayden Royal
Charlotte,
North Carolina
|
+$1.04M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.81M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$4.11M |
| 3 |
JP Morgan Chase
New York
|
-$3M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.78M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFM
126
Royal Fund Management
Lady Lake,
Florida
| $1K | – | – | – |
|
|
127
JP Morgan Chase
New York
| – | -$3M | -126,895 | Closed |
|
128
Jane Street
New York
| – | -$1.61M | -68,401 | Closed |
|
129
US Bancorp
Minneapolis,
Minnesota
| – | -$1.16M | -49,133 | Closed |
|
|
VF
130
Virtu Financial
New York
| – | -$878K | -37,290 | Closed |
|
|
LWAC
131
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$602K | -25,573 | Closed |
|
|
FTUS
132
Flow Traders U.S.
New York
| – | -$235K | -9,938 | Closed |
|
|
GSWM
133
Golden State Wealth Management
Santa Ana,
California
| – | -$45K | -1,900 | Closed |
|
|
FPS
134
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$3K | -140 | Closed |
|
|
PO
135
Private Ocean
San Rafael,
California
| – | -$3K | -86 | Closed |
|
|
FEM
136
Fulcrum Equity Management
Plano,
Texas
| – | -$2K | -83 | Closed |
|
|
MRCM
137
M&R Capital Management
Summit,
New Jersey
| – | -$1.87K | -76 | -69% |
|
|
HGWM
138
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -49 | Closed |
|
FEM Hedge Fund Activity: Q4 2019 in Review
126 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2019, worth a combined $424M — up 14% from $373M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FEM positions and 11 closed out — a net gain of 24 holders — while 41 added to existing stakes and 38 trimmed.
The largest buyer was Bank of America, adding an estimated $3.13M. The largest seller was Morgan Stanley, cutting an estimated $5.81M.
- 126 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2019, up from 104 in Q3 2019.
- Funds reported $424M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2019, up 14% quarter-over-quarter.
- 35 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2019 and 11 closed out, a net change of +24 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2019 was Bank of America, an estimated $3.13M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2019 was Morgan Stanley, an estimated $5.81M sold.
Based on aggregated 13F filings for Q4 2019.