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First Trust Emerging Markets AlphaDEX Fund

98 hedge funds and large institutions have $387M invested in First Trust Emerging Markets AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 28

1.72% more ownership

Funds ownership: 59.56%61.28% (+1.7%)

0% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 15

3% less capital invested

Capital invested by funds: $398M → $387M (-$10.4M)

2% less funds holding

Funds holding: 10098 (-2)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
98
Holders Change
-2
Holders Change %
-2%
% of All Funds
2.24%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
15
Increased
43
Reduced
28
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$78.6M +$1.17M +41,434 +1%
Wells Fargo
2
Wells Fargo
California
$64.3M -$4.74M -168,286 -6%
Citigroup
3
Citigroup
New York
$25.4M +$24M +851,131 +652%
Bank of America
4
Bank of America
North Carolina
$24.4M -$2.83M -100,583 -10%
CWM
5
Cornerstone Wealth Management
Missouri
$21.2M +$14.2M +503,525 +1,353%
UBS Group
6
UBS Group
Switzerland
$18.4M -$3.43M -121,821 -15%
MML Investors Services
7
MML Investors Services
Massachusetts
$15.1M +$3.92M +139,384 +31%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$13.4M +$3.13M +111,123 +27%
LPL Financial
9
LPL Financial
California
$11.1M +$1.61M +57,056 +15%
BTS
10
BB&T Securities
Virginia
$10.3M +$189K +6,723 +2%
RJA
11
Raymond James & Associates
Florida
$8.15M +$227K +8,063 +3%
HFS
12
HL Financial Services
Kentucky
$8.07M +$192K +6,817 +2%
HA
13
Hays Advisory
Tennessee
$5.74M -$229K -8,138 -4%
PFA
14
Pinnacle Family Advisors
Missouri
$4.69M +$4.62M +164,080 +948%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$4.61M +$3.67M +130,392 +272%
CCA
16
Clearwater Capital Advisors
Illinois
$4.36M +$195K +6,943 +4%
Stifel Financial
17
Stifel Financial
Missouri
$4.06M +$301K +10,679 +7%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$4.01M +$1.55M +55,056 +55%
JP Morgan Chase
19
JP Morgan Chase
New York
$3.77M +$41.7K +1,483 +1%
LFAS
20
Level Four Advisory Services
Texas
$3.15M -$546K -19,387 -14%
MIFH
21
Migdal Insurance & Financial Holdings
Israel
$3.14M -$388K -13,780 -10%
BFEC
22
Benjamin F. Edwards & Company
Missouri
$2.89M +$1.82M +64,684 +137%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$2.84M -$1.58M -56,270 -34%
LPT
24
Legacy Private Trust
Wisconsin
$2.83M -$1.1M -39,140 -26%
WI
25
Wintrust Investments
Illinois
$2.51M +$164K +5,825 +6%

FEM Hedge Fund Activity: Q2 2018 in Review

98 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2018, worth a combined $387M — down 2.6% from $398M a quarter earlier.

Fund positioning in FEM was balanced in Q2 2018: 15 funds opened new positions, 15 closed out, 43 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.

  • 98 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2018, down from 100 in Q1 2018.
  • Funds reported $387M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2018, down 2.6% 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.