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First Trust Emerging Markets AlphaDEX Fund

103 hedge funds and large institutions have $257M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 44 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.91% more ownership

Funds ownership: 63.95%64.86% (+0.91%)

2% less funds holding

Funds holding: 105103 (-2)

6% less capital invested

Capital invested by funds: $275M → $257M (-$17.4M)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

18% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 44

Holders
103
Holders Change
-2
Holders Change %
-1.9%
% of All Funds
2.08%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
36
Reduced
44
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$49.6M -$1.46M -64,334 -3%
Wells Fargo
2
Wells Fargo
California
$26.5M -$7.63M -335,238 -21%
AFA
3
American Financial Advisors
Georgia
$18.8M -$642K -28,188 -3%
LPL Financial
4
LPL Financial
California
$14.5M +$35.2K +1,548 +0.2%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$14M +$793K +34,814 +6%
Bank of America
6
Bank of America
North Carolina
$12.9M -$10.2M -446,444 -43%
UBS Group
7
UBS Group
Switzerland
$12.5M -$1.42M -62,570 -10%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$11.3M +$763K +33,508 +7%
EWM
9
Empirical Wealth Management
Washington
$8.01M -$24.8K -1,089 -0.3%
PAG
10
Private Advisor Group
New Jersey
$7.91M -$6.12M -268,765 -42%
Carson Wealth (CWM LLC)
11
Carson Wealth (CWM LLC)
Nebraska
$4.95M
Citadel Advisors
12
Citadel Advisors
Florida
$4.35M +$3.47M +152,570 +314%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$4.18M -$6.01K -264 -0.1%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$4.04M -$3.19M -140,107 -43%
Osaic Holdings
15
Osaic Holdings
Arizona
$3.91M -$79.5K -3,491 -2%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$3.7M +$173K +7,612 +5%
Jane Street
17
Jane Street
New York
$3.68M +$2.97M +130,440 +329%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$3.44M -$124K -5,435 -3%
AAS
19
Avantax Advisory Services
Texas
$2.86M +$267K +11,708 +10%
EWM
20
EPG Wealth Management
Georgia
$2.44M +$260K +11,405 +11%
WI
21
Wintrust Investments
Illinois
$2.22M +$48.4K +2,126 +2%
RJA
22
Raymond James & Associates
Florida
$2.19M -$237K -10,394 -9%
Stifel Financial
23
Stifel Financial
Missouri
$2.03M -$523K -22,971 -20%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$1.68M +$1.76M +77,512 New
KPWS
25
Kestra Private Wealth Services
Texas
$1.66M +$1.78M +78,154 New

FEM Hedge Fund Activity: Q3 2020 in Review

103 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2020, worth a combined $257M — down 6.3% from $275M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FEM and 10 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 36 added.

The largest buyer was Citadel Advisors, adding an estimated $3.47M. The largest seller was Bank of America, cutting an estimated $10.2M.

  • 103 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2020, down from 105 in Q2 2020.
  • Funds reported $257M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2020, down 6.3% quarter-over-quarter.
  • 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2020 and 12 closed out, a net change of -2 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2020 was Citadel Advisors, an estimated $3.47M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2020 was Bank of America, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2020.