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First Trust Emerging Markets AlphaDEX Fund

111 hedge funds and large institutions have $287M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 16

11% more capital invested

Capital invested by funds: $257M → $287M (+$29.3M)

8% more funds holding

Funds holding: 103111 (+8)

3% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 37

0.01% more ownership

Funds ownership: 64.86%64.86% (+0.01%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
111
Holders Change
+8
Holders Change %
+7.77%
% of All Funds
1.96%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
25
Increased
38
Reduced
37
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$55.5M -$2.24M -96,891 -4%
Wells Fargo
2
Wells Fargo
California
$36.6M +$5.18M +224,570 +18%
AFA
3
American Financial Advisors
Georgia
$21.3M -$678K -29,367 -3%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$17.5M +$3.86M +167,407 +32%
LPL Financial
5
LPL Financial
California
$13.4M -$3.24M -140,509 -21%
UBS Group
6
UBS Group
Switzerland
$13M -$1.51M -65,227 -11%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$12.4M -$3.61M -156,622 -24%
Bank of America
8
Bank of America
North Carolina
$12.3M -$2.52M -109,309 -18%
PAG
9
Private Advisor Group
New Jersey
$10.1M +$748K +32,423 +9%
EWM
10
Empirical Wealth Management
Washington
$9.38M +$23.2K +1,007 +0.3%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$6.21M +$1.37M +59,366 +32%
Osaic Holdings
12
Osaic Holdings
Arizona
$5.21M +$556K +24,105 +13%
Carson Wealth (CWM LLC)
13
Carson Wealth (CWM LLC)
Nebraska
$4.95M
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$4.4M +$77.1K +3,342 +2%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$4.16M +$132K +5,726 +4%
Stifel Financial
16
Stifel Financial
Missouri
$3.73M +$1.24M +53,817 +57%
AAS
17
Avantax Advisory Services
Texas
$3.53M +$178K +7,719 +6%
EWM
18
EPG Wealth Management
Georgia
$2.68M -$159K -6,874 -6%
RJA
19
Raymond James & Associates
Florida
$2.37M -$174K -7,537 -7%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$2.36M +$420K +18,223 +24%
CAS
21
Coppell Advisory Solutions
Texas
$2.29M +$2.09M +90,670 New
WI
22
Wintrust Investments
Illinois
$2.17M -$382K -16,569 -16%
IA
23
IFP Advisors
Florida
$1.93M +$44.6K +1,934 +3%
KPWS
24
Kestra Private Wealth Services
Texas
$1.88M -$78.8K -3,416 -4%
SPC
25
Sigma Planning Corp
Michigan
$1.41M -$344K -14,924 -21%

FEM Hedge Fund Activity: Q4 2020 in Review

111 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2020, worth a combined $287M — up 11% from $257M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FEM positions and 16 closed out — a net gain of 9 holders — while 38 added to existing stakes and 37 trimmed.

The largest buyer was Wells Fargo, adding an estimated $5.18M. The largest seller was Citadel Advisors, exiting entirely with an estimated $4.35M sold.

  • 111 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2020, up from 103 in Q3 2020.
  • Funds reported $287M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2020, up 11% quarter-over-quarter.
  • 25 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2020 and 16 closed out, a net change of +9 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2020 was Wells Fargo, an estimated $5.18M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2020 was Citadel Advisors, an estimated $4.35M sold.

Based on aggregated 13F filings for Q4 2020.