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First Trust Emerging Markets AlphaDEX Fund

109 hedge funds and large institutions have $449M invested in First Trust Emerging Markets AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 29

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

7% more capital invested

Capital invested by funds: $419M → $449M (+$29.5M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.01% less ownership

Funds ownership: 63.25%63.23% (-0.01%)

1% less funds holding

Funds holding: 110109 (-1)

Holders
109
Holders Change
-1
Holders Change %
-0.91%
% of All Funds
2.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
55
Reduced
29
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$93.9M +$4.54M +186,455 +5%
Wells Fargo
2
Wells Fargo
California
$77.7M -$10.7M -439,768 -12%
Bank of America
3
Bank of America
North Carolina
$42.8M +$1.7M +69,945 +4%
UBS Group
4
UBS Group
Switzerland
$22.7M -$1.72M -70,865 -7%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$20.6M +$8.3M +341,032 +71%
PAG
6
Private Advisor Group
New Jersey
$20.4M -$235K -9,647 -1%
LPL Financial
7
LPL Financial
California
$20M +$5.29M +217,268 +38%
RJA
8
Raymond James & Associates
Florida
$10.4M +$3.42M +140,572 +52%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$10.3M +$1.27M +52,037 +15%
BTS
10
BB&T Securities
Virginia
$10M +$2.45M +100,662 +34%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$8.35M +$8.06M +331,270 New
AG
12
Advisor Group
Arizona
$8.26M +$467K +19,206 +6%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$8.16M +$1.12M +45,872 +16%
PA
14
Pinnacle Associates
New York
$7.49M +$586K +24,090 +9%
Carson Wealth (CWM LLC)
15
Carson Wealth (CWM LLC)
Nebraska
$4.95M
MML Investors Services
16
MML Investors Services
Massachusetts
$4.89M +$578K +23,762 +14%
DADC
17
D.A. Davidson & Co
Montana
$4.45M +$1.17M +48,219 +38%
BCM
18
Breiter Capital Management
Florida
$3.49M +$1.8M +74,053 +115%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$3.48M -$506K -20,779 -13%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$3.37M +$318K +13,067 +11%
PWMAG
21
Pinnacle Wealth Management Advisory Group
New Jersey
$3.24M +$484K +19,895 +18%
JP Morgan Chase
22
JP Morgan Chase
New York
$3.23M -$554K -22,777 -15%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$3.19M +$678K +27,851 +28%
Stifel Financial
24
Stifel Financial
Missouri
$2.92M +$1.2M +49,472 +75%
WI
25
Wintrust Investments
Illinois
$2.69M -$627K -25,758 -19%

FEM Hedge Fund Activity: Q2 2019 in Review

109 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2019, worth a combined $449M — up 7% from $419M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FEM positions and 13 closed out — a net gain of 2 holders — while 55 added to existing stakes and 29 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8.3M. The largest seller was Wells Fargo, cutting an estimated $10.7M.

  • 109 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2019, down from 110 in Q1 2019.
  • Funds reported $449M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2019, up 7% quarter-over-quarter.
  • 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2019 and 13 closed out, a net change of +2 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2019 was Raymond James Financial Services Advisors, an estimated $8.3M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2019 was Wells Fargo, an estimated $10.7M sold.

Based on aggregated 13F filings for Q2 2019.