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First Trust Emerging Markets AlphaDEX Fund

105 hedge funds and large institutions have $275M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $269M → $275M (+$6.02M)

0.4% more ownership

Funds ownership: 63.55%63.95% (+0.4%)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 107105 (-2)

37% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 49

Holders
105
Holders Change
-2
Holders Change %
-1.87%
% of All Funds
2.15%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
31
Reduced
49
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$49.4M -$1.03M -51,887 -2%
Wells Fargo
2
Wells Fargo
California
$32.7M -$5.17M -260,479 -14%
Bank of America
3
Bank of America
North Carolina
$21.9M -$11.4M -571,967 -35%
AFA
4
American Financial Advisors
Georgia
$20.5M +$825K +41,564 +5%
LPL Financial
5
LPL Financial
California
$14.1M -$624K -31,416 -4%
UBS Group
6
UBS Group
Switzerland
$13.5M -$6.89M -347,189 -35%
PAG
7
Private Advisor Group
New Jersey
$13.3M +$1.17M +58,950 +10%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$12.9M +$2.1M +105,956 +21%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$10.3M +$467K +23,542 +5%
EWM
10
Empirical Wealth Management
Washington
$7.79M -$171K -8,598 -2%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$6.85M -$5.97M -300,749 -48%
Carson Wealth (CWM LLC)
12
Carson Wealth (CWM LLC)
Nebraska
$4.95M
Qube Research & Technologies (QRT)
13
Qube Research & Technologies (QRT)
United Kingdom
$4.07M +$2.57M +129,663 +202%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$4.06M -$359K -18,081 -9%
Osaic Holdings
15
Osaic Holdings
Arizona
$3.89M -$886K -44,613 -19%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$3.45M +$258K +13,012 +9%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$3.42M +$111K +5,580 +4%
AAS
18
Avantax Advisory Services
Texas
$2.52M +$549K +27,654 +30%
Stifel Financial
19
Stifel Financial
Missouri
$2.45M -$4.14M -208,633 -64%
RJA
20
Raymond James & Associates
Florida
$2.35M -$1.03M -51,807 -32%
EWM
21
EPG Wealth Management
Georgia
$2.13M +$72.8K +3,669 +4%
WI
22
Wintrust Investments
Illinois
$2.11M -$171K -8,624 -8%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$1.57M -$1.11M -55,823 -43%
IA
24
IFP Advisors
Florida
$1.56M +$328K +16,516 +29%
LFG
25
Larson Financial Group
Missouri
$1.53M +$233K +11,737 +19%

FEM Hedge Fund Activity: Q2 2020 in Review

105 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2020, worth a combined $275M — up 2.2% from $269M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FEM and 13 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 31 added.

The largest buyer was Qube Research & Technologies (QRT), adding an estimated $2.57M. The largest seller was Bank of America, cutting an estimated $11.4M.

  • 105 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2020, down from 107 in Q1 2020.
  • Funds reported $275M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2020, up 2.2% quarter-over-quarter.
  • 13 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2020 and 14 closed out, a net change of -1 holder.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2020 was Qube Research & Technologies (QRT), an estimated $2.57M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2020 was Bank of America, an estimated $11.4M sold.

Based on aggregated 13F filings for Q2 2020.