First Trust Emerging Markets AlphaDEX Fund
FEM
118 hedge funds and large institutions have $313M invested in First Trust Emerging Markets AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 33 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
58% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 33
9% more capital invested
Capital invested by funds: $287M → $313M (+$26.5M)
6% more funds holding
Funds holding: 111 → 118 (+7)
2.19% less ownership
Funds ownership: 64.86% → 62.68% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.99M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.77M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.76M |
| 4 |
Jane Street
New York
|
+$3.57M |
| 5 |
Morgan Stanley
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$19.6M |
| 2 |
EWM
EPG Wealth Management
Atlanta,
Georgia
|
-$2.1M |
| 3 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
-$1.94M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.94M |
| 5 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$979K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MRCM
126
M&R Capital Management
Summit,
New Jersey
| – | -$424 | -16 | -42% |
|
127
Fidelity Investments
Boston,
Massachusetts
| – | +$27 | +1 | +100% |
|
FEM Hedge Fund Activity: Q1 2021 in Review
118 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2021, worth a combined $313M — up 9.2% from $287M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FEM positions and 9 closed out — a net gain of 11 holders — while 52 added to existing stakes and 33 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $8.99M. The largest seller was American Financial Advisors, cutting an estimated $19.6M.
- 118 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2021, up from 111 in Q4 2020.
- Funds reported $313M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2021, up 9.2% quarter-over-quarter.
- 20 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2021 and 9 closed out, a net change of +11 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2021 was Citadel Advisors, an estimated $8.99M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2021 was American Financial Advisors, an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2021.