First Trust Emerging Markets AlphaDEX Fund
FEM
57 hedge funds and large institutions have $134M invested in First Trust Emerging Markets AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 10 reducing their positions, and 6 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 10
51% more capital invested
Capital invested by funds: $88.5M → $134M (+$45.1M)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
20.43% more ownership
Funds ownership: 60.02% → 80.45% (+20%)
4% more funds holding
Funds holding: 55 → 57 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.4M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$3.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.63M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.86M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$913K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$731K |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$231K |
| 4 |
LPL Financial
San Diego,
California
|
-$133K |
| 5 |
Citigroup
New York
|
-$54K |
FEM Hedge Fund Activity: Q1 2017 in Review
57 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2017, worth a combined $134M — up 51% from $88.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FEM positions and 6 closed out — a net gain of 3 holders — while 32 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.4M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $913K sold.
- 57 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2017, up from 55 in Q4 2016.
- Funds reported $134M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2017, up 51% quarter-over-quarter.
- 9 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2017 and 6 closed out, a net change of +3 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2017 was Morgan Stanley, an estimated $10.4M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2017 was Cambridge Investment Research Advisors, an estimated $913K sold.
Based on aggregated 13F filings for Q1 2017.