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First Trust Emerging Markets AlphaDEX Fund

100 hedge funds and large institutions have $258M invested in First Trust Emerging Markets AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

42% more capital invested

Capital invested by funds: $182M → $258M (+$76.5M)

26% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 31

6.67% more ownership

Funds ownership: 62.73%69.41% (+6.7%)

6% more funds holding

Funds holding: 94100 (+6)

Holders
100
Holders Change
+6
Holders Change %
+6.38%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
39
Reduced
31
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
$37.4M +$3.71M +185,236 +12%
Wells Fargo
2
Wells Fargo
California
$29M +$1.93M +96,335 +8%
First Trust Advisors
3
First Trust Advisors
Illinois
$25.9M +$24M +1,199,776 +3,913%
Carson Wealth (CWM LLC)
4
Carson Wealth (CWM LLC)
Nebraska
$17.8M +$12.8M +637,266 +307%
LPL Financial
5
LPL Financial
California
$16.2M +$2.84M +141,795 +23%
EWM
6
Empirical Wealth Management
Washington
$14.6M +$2.15M +107,474 +18%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$11.7M +$782K +39,031 +8%
UBS Group
8
UBS Group
Switzerland
$11.2M +$1.92M +95,809 +22%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$9.18M +$197K +9,843 +2%
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$7.57M +$1.94M +96,906 +37%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$7.35M +$1.62M +80,714 +30%
Bank of America
12
Bank of America
North Carolina
$4.88M -$8.94M -446,333 -66%
Osaic Holdings
13
Osaic Holdings
Arizona
$4.86M +$152K +7,588 +3%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$4.57M -$383K -19,139 -8%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$3.51M +$2.2M +109,921 +193%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$3.22M +$2.41M +120,119 +364%
Jane Street
17
Jane Street
New York
$3.19M -$4.28M -213,707 -58%
KWM
18
Kingsview Wealth Management
Oregon
$2.36M +$193K +9,657 +9%
CPIG
19
Chicago Partners Investment Group
Illinois
$2.33M +$586K +29,245 +36%
SCM
20
Sebold Capital Management
Illinois
$2.1M +$2M +99,953 New
AAS
21
Avantax Advisory Services
Texas
$1.6M +$96.8K +4,836 +7%
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$1.59M +$1.5M +74,927 +12,593%
DAS
23
Dynamic Advisor Solutions
Arizona
$1.57M +$125K +6,258 +9%
KAS
24
Kestra Advisory Services
Texas
$1.5M +$153K +7,650 +12%
RJA
25
Raymond James & Associates
Florida
$1.41M -$445K -22,234 -25%

FEM Hedge Fund Activity: Q4 2022 in Review

100 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2022, worth a combined $258M — up 42% from $182M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FEM positions and 12 closed out — a net gain of 7 holders — while 39 added to existing stakes and 31 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $24M. The largest seller was Bank of America, cutting an estimated $8.94M.

  • 100 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2022, up from 94 in Q3 2022.
  • Funds reported $258M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2022, up 42% quarter-over-quarter.
  • 19 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2022 and 12 closed out, a net change of +7 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2022 was First Trust Advisors, an estimated $24M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2022 was Bank of America, an estimated $8.94M sold.

Based on aggregated 13F filings for Q4 2022.