First Trust Emerging Markets AlphaDEX Fund
FEM
40 hedge funds and large institutions have $403M invested in First Trust Emerging Markets AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
27% more capital invested
Capital invested by funds: $317M → $403M (+$85.4M)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
10.99% more ownership
Funds ownership: 73.32% → 84.31% (+11%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$128M |
| 2 |
JG
Jefferies Group
New York
|
+$5.34M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$3.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.42M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
+$1.12M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$6.25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.43M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.18M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.12M |
| 5 |
Jane Street
New York
|
-$1.71M |
FEM Hedge Fund Activity: Q4 2014 in Review
40 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2014, worth a combined $403M — up 27% from $317M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEM positions and 8 closed out — a net gain of 2 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $128M. The largest seller was Morgan Stanley, cutting an estimated $6.25M.
- 40 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $403M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2014, up 27% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2014 and 8 closed out, a net change of +2 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2014 was F-Squared Investment Management, an estimated $128M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2014 was Morgan Stanley, an estimated $6.25M sold.
Based on aggregated 13F filings for Q4 2014.