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First Trust Emerging Markets AlphaDEX Fund

100 hedge funds and large institutions have $296M invested in First Trust Emerging Markets AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 41

4% less capital invested

Capital invested by funds: $307M → $296M (-$11.1M)

1.04% less ownership

Funds ownership: 76.63%75.59% (-1%)

11% less funds holding

Funds holding: 112100 (-12)

59% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
100
Holders Change
-12
Holders Change %
-10.71%
% of All Funds
1.34%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
42
Reduced
41
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$53M -$2.1M -92,962 -4%
LPL Financial
2
LPL Financial
California
$24.7M -$2.51M -111,482 -9%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$23.9M -$152K -6,760 -0.6%
Bank of America
4
Bank of America
North Carolina
$23.4M -$310K -13,753 -1%
Wells Fargo
5
Wells Fargo
California
$23.1M -$7.24M -320,871 -24%
UBS Group
6
UBS Group
Switzerland
$14.1M +$807K +35,775 +6%
EWM
7
Empirical Wealth Management
Washington
$13.1M +$92.1K +4,084 +0.7%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$12.8M +$367K +16,264 +3%
SA
9
Sanctuary Advisors
Indiana
$10.9M +$168K +7,467 +2%
OMC
10
Old Mission Capital
Illinois
$9.02M +$2.24M +99,226 +34%
State of Wisconsin Investment Board
11
State of Wisconsin Investment Board
Wisconsin
$7.17M +$7.08M +313,808 New
Raymond James Financial
12
Raymond James Financial
Florida
$6.45M +$310K +13,733 +5%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$6.25M +$113K +4,996 +2%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$5.95M +$647K +28,692 +12%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$4.45M +$192K +8,503 +5%
PAG
16
Private Advisor Group
New Jersey
$4.26M +$236K +10,483 +6%
AssetMark Inc
17
AssetMark Inc
California
$4.1M -$109K -4,849 -3%
KWM
18
Kingsview Wealth Management
Oregon
$3.04M -$406K -18,021 -12%
Jane Street
19
Jane Street
New York
$2.3M -$1.13M -49,930 -33%
MFG
20
Midwest Financial Group
Kansas
$2.17M -$12.8K -566 -0.6%
Osaic Holdings
21
Osaic Holdings
Arizona
$1.76M +$213K +9,441 +14%
AWM
22
AE Wealth Management
Kansas
$1.74M -$90.4K -4,010 -5%
AI
23
Atria Investments
North Carolina
$1.66M +$66.5K +2,947 +4%
PFS
24
Prospera Financial Services
Texas
$1.53M -$44.3K -1,963 -3%
CAS
25
Coppell Advisory Solutions
Texas
$1.4M -$1.59M -70,616 -53%

FEM Hedge Fund Activity: Q1 2025 in Review

100 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2025, worth a combined $296M — down 3.6% from $307M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FEM and 7 opened new positions — a net loss of 10 holders — while 41 trimmed existing stakes and 42 added.

The largest buyer was State of Wisconsin Investment Board, opening a new position worth an estimated $7.08M. The largest seller was Luken Investment Analytics, cutting an estimated $8.22M.

  • 100 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2025, down from 112 in Q4 2024.
  • Funds reported $296M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2025, down 3.6% quarter-over-quarter.
  • 7 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2025 and 17 closed out, a net change of -10 holders.
  • The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2025 was State of Wisconsin Investment Board, an estimated $7.08M added.
  • The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2025 was Luken Investment Analytics, an estimated $8.22M sold.

Based on aggregated 13F filings for Q1 2025.