First Trust Emerging Markets AlphaDEX Fund
FEM
121 hedge funds and large institutions have $353M invested in First Trust Emerging Markets AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
26% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 39
12% more capital invested
Capital invested by funds: $313M → $353M (+$39M)
3% more funds holding
Funds holding: 117 → 121 (+4)
1.88% more ownership
Funds ownership: 62.68% → 64.56% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.76M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.16M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.69M |
| 5 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.35M |
| 2 |
Morgan Stanley
New York
|
-$3.48M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$1.78M |
| 4 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$1.54M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$739K |
FEM Hedge Fund Activity: Q2 2021 in Review
121 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q2 2021, worth a combined $353M — up 12% from $313M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEM positions and 10 closed out — a net gain of 5 holders — while 49 added to existing stakes and 39 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.8M. The largest seller was Envestnet Asset Management, cutting an estimated $8.35M.
- 121 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q2 2021, up from 117 in Q1 2021.
- Funds reported $353M of First Trust Emerging Markets AlphaDEX Fund stock for Q2 2021, up 12% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q2 2021 and 10 closed out, a net change of +5 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q2 2021 was Wells Fargo, an estimated $8.8M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q2 2021 was Envestnet Asset Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q2 2021.