First Trust Emerging Markets AlphaDEX Fund
FEM
FEM
40 hedge funds and large institutions have $317M invested in First Trust Emerging Markets AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 11 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more funds holding in top 10
Funds holding in top 10: →
less ownership
Funds ownership: →
less funds holding
Funds holding: →
16% less capital invested
Capital invested by funds: $376M → $317M (-$58.7M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Holders
40
Holding in Top 10
1
Calls
–
Puts
–
Top Buyers
| 1 | +$6.76M | |
| 2 | +$5.1M | |
| 3 | +$3.56M | |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.44M |
| 5 |
Goldman Sachs
New York
|
+$896K |
Top Sellers
| 1 | -$40.4M | |
| 2 | -$9.13M | |
| 3 | -$3.18M | |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$2.79M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.2M |