First Trust Emerging Markets AlphaDEX Fund
FEM
71 hedge funds and large institutions have $259M invested in First Trust Emerging Markets AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 14 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
179% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 14
37% more capital invested
Capital invested by funds: $189M → $259M (+$70.4M)
15% more funds holding
Funds holding: 62 → 71 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.25% less ownership
Funds ownership: 66.45% → 65.2% (-1.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $679K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.18M |
| 4 |
Jane Street
New York
|
+$2.99M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$2.38M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.99M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.06M |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$706K |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$698K |
FEM Hedge Fund Activity: Q3 2017 in Review
71 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2017, worth a combined $259M — up 37% from $189M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FEM positions and 2 closed out — a net gain of 11 holders — while 39 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.6M. The largest seller was Hays Advisory, cutting an estimated $2.38M.
- 71 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2017, up from 62 in Q2 2017.
- Funds reported $259M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2017, up 37% quarter-over-quarter.
- 13 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2017 and 2 closed out, a net change of +11 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2017 was Morgan Stanley, an estimated $12.6M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2017 was Hays Advisory, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2017.