First Trust Emerging Markets AlphaDEX Fund
FEM
42 hedge funds and large institutions have $57M invested in First Trust Emerging Markets AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 9 closing their positions.
0.48% less ownership
Funds ownership: 42.27% → 41.79% (-0.48%)
1% less capital invested
Capital invested by funds: $57.7M → $57M (-$749K)
9% less funds holding
Funds holding: 46 → 42 (-4)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.77M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$775K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$476K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$461K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.98M |
| 2 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$1.96M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.59M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.42M |
FEM Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2016, worth a combined $57M — down 1.3% from $57.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEM and 5 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $6.77M. The largest seller was Royal Bank of Canada, cutting an estimated $1.98M.
- 42 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2016, down from 46 in Q1 2016.
- Funds reported $57M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2016, down 1.3% quarter-over-quarter.
- 5 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2016 and 9 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2016 was Bank of America, an estimated $6.77M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2016 was Royal Bank of Canada, an estimated $1.98M sold.
Based on aggregated 13F filings for Q2 2016.