First Trust Emerging Markets AlphaDEX Fund
FEM
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, 41 increasing their positions, 42 reducing their positions, and 17 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
4% less capital invested
Capital invested by funds: $307M → $296M (-$11.2M)
1.06% less ownership
Funds ownership: 76.63% → 75.57% (-1.1%)
11% less funds holding
Funds holding: 112 → 100 (-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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$7.08M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.24M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$807K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$762K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$647K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIA
Luken Investment Analytics
Brentwood,
Tennessee
|
-$8.22M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.24M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.51M |
| 4 |
Morgan Stanley
New York
|
-$2.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.67M |
FEM Hedge Fund Activity: Q1 2025 in Review
100 of the 7,473 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 42 trimmed existing stakes and 41 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.