First Trust Emerging Markets AlphaDEX Fund
FEM
29 hedge funds and large institutions have $180M invested in First Trust Emerging Markets AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 7 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
134% more capital invested
Capital invested by funds: $77.1M → $180M (+$103M)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
39.73% more ownership
Funds ownership: 60.86% → 100.59% (+40%)
12% more funds holding
Funds holding: 26 → 29 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$48.4M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$22.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.27M |
| 4 |
Morgan Stanley
New York
|
+$7.82M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.12M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$1.3M |
| 3 |
SG Americas Securities
New York
|
-$1.24M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.21M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$530K |
FEM Hedge Fund Activity: Q3 2013 in Review
29 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2013, worth a combined $180M — up 134% from $77.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEM positions and 7 closed out — a net gain of 3 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $48.4M. The largest seller was Goldman Sachs, cutting an estimated $3.12M.
- 29 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2013, up from 26 in Q2 2013.
- Funds reported $180M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2013, up 134% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2013 and 7 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2013 was F-Squared Investment Management, an estimated $48.4M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2013 was Goldman Sachs, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2013.