First Trust Emerging Markets AlphaDEX Fund
FEM
97 hedge funds and large institutions have $368M invested in First Trust Emerging Markets AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
0.54% less ownership
Funds ownership: 59.56% → 59.03% (-0.54%)
3% less funds holding
Funds holding: 100 → 97 (-3)
8% less capital invested
Capital invested by funds: $400M → $368M (-$31.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$24M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$4.62M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$3.92M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.67M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.23M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.74M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$3.79M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.43M |
FEM Hedge Fund Activity: Q2 2018 in Review
97 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2018, worth a combined $368M — down 8% from $400M a quarter earlier.
Fund positioning in FEM was balanced in Q2 2018: 15 funds opened new positions, 15 closed out, 42 added to existing stakes and 28 trimmed.
The largest buyer was Citigroup, adding an estimated $24M. The largest seller was Jane Street, cutting an estimated $6.3M.
- 97 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2018, down from 100 in Q1 2018.
- Funds reported $368M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2018, down 8% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2018 and 15 closed out, a net change of 0 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2018 was Citigroup, an estimated $24M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2018 was Jane Street, an estimated $6.3M sold.
Based on aggregated 13F filings for Q2 2018.