First Trust Emerging Markets AlphaDEX Fund
FEM
46 hedge funds and large institutions have $295M invested in First Trust Emerging Markets AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
12% more funds holding
Funds holding: 41 → 46 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.14% less ownership
Funds ownership: 84.42% → 76.28% (-8.1%)
27% less capital invested
Capital invested by funds: $403M → $295M (-$109M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.58M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.07M |
| 4 |
Goldman Sachs
New York
|
+$1.95M |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$107M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.18M |
| 3 |
JG
Jefferies Group
New York
|
-$4.01M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.79M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.76M |
FEM Hedge Fund Activity: Q1 2015 in Review
46 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2015, worth a combined $295M — down 27% from $403M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEM positions and 5 closed out — a net gain of 6 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $4.58M. The largest seller was F-Squared Investment Management, cutting an estimated $107M.
- 46 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2015, up from 41 in Q4 2014.
- Funds reported $295M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2015, down 27% quarter-over-quarter.
- 11 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2015 and 5 closed out, a net change of +6 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2015 was Citadel Advisors, an estimated $4.58M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2015 was F-Squared Investment Management, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2015.