First Trust Emerging Markets AlphaDEX Fund
FEM
111 hedge funds and large institutions have $314M invested in First Trust Emerging Markets AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 42 reducing their positions, and 15 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
3% less funds holding
Funds holding: 115 → 111 (-4)
8.83% less ownership
Funds ownership: 83.68% → 74.85% (-8.8%)
10% less capital invested
Capital invested by funds: $347M → $314M (-$33.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$7.68M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.09M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.48M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.17M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$765K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$38M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.13M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.72M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.03M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| – | -$22 | -1 | Closed |
|
FEM Hedge Fund Activity: Q1 2024 in Review
111 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2024, worth a combined $314M — down 9.5% from $347M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FEM and 14 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 44 added.
The largest buyer was Cetera Advisors, adding an estimated $7.68M. The largest seller was Morgan Stanley, cutting an estimated $38M.
- 111 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2024, down from 115 in Q4 2023.
- Funds reported $314M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2024, down 9.5% quarter-over-quarter.
- 14 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2024 and 15 closed out, a net change of -1 holder.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2024 was Cetera Advisors, an estimated $7.68M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $38M sold.
Based on aggregated 13F filings for Q1 2024.