First Trust Emerging Markets AlphaDEX Fund
FEM
37 hedge funds and large institutions have $267M invested in First Trust Emerging Markets AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
9% more funds holding
Funds holding: 34 → 37 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $269M → $267M (-$2.44M)
2.17% less ownership
Funds ownership: 80.6% → 78.44% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$19.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.39M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.4M |
| 4 |
Jane Street
New York
|
+$2.38M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$769K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.59M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$6.24M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$3.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.38M |
| 5 |
Morgan Stanley
New York
|
-$1.97M |
FEM Hedge Fund Activity: Q1 2014 in Review
37 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2014, worth a combined $267M — down 0.91% from $269M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEM positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $19.2M. The largest seller was Wells Fargo, cutting an estimated $6.59M.
- 37 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2014, up from 34 in Q4 2013.
- Funds reported $267M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2014, down 0.91% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2014 and 3 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $19.2M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2014 was Wells Fargo, an estimated $6.59M sold.
Based on aggregated 13F filings for Q1 2014.