First Trust Emerging Markets AlphaDEX Fund
FEM
99 hedge funds and large institutions have $292M invested in First Trust Emerging Markets AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 36 reducing their positions, and 13 closing their positions.
13% more capital invested
Capital invested by funds: $258M → $292M (+$33.6M)
11% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 36
1.27% more ownership
Funds ownership: 69.41% → 70.68% (+1.3%)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% less funds holding
Funds holding: 100 → 99 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.17M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.84M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.23M |
| 5 |
LPL Financial
San Diego,
California
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.09M |
| 2 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$1.38M |
| 3 |
Jane Street
New York
|
-$1.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$917K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$850K |
FEM Hedge Fund Activity: Q1 2023 in Review
99 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2023, worth a combined $292M — up 13% from $258M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEM positions and 13 closed out — a net gain of 1 holder — while 40 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Baird Financial Group, cutting an estimated $3.09M.
- 99 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2023, down from 100 in Q4 2022.
- Funds reported $292M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2023, up 13% quarter-over-quarter.
- 14 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2023 and 13 closed out, a net change of +1 holder.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2023 was Morgan Stanley, an estimated $11.3M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2023 was Baird Financial Group, an estimated $3.09M sold.
Based on aggregated 13F filings for Q1 2023.