First Trust Emerging Markets AlphaDEX Fund
FEM
108 hedge funds and large institutions have $362M invested in First Trust Emerging Markets AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 36 reducing their positions, and 8 closing their positions.
175% more capital inflows, than outflows
Capital inflows: $21.5M | Capital outflows: $7.81M
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
28% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 36
5% more funds holding
Funds holding: 103 → 108 (+5)
1.05% more ownership
Funds ownership: 76.16% → 77.21% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.87M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.63M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.97M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$885K |
| 5 |
Morgan Stanley
New York
|
+$741K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.09M |
| 2 |
Jane Street
New York
|
-$1.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$710K |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$651K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$560K |
FEM Hedge Fund Activity: Q3 2025 in Review
108 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2025, worth a combined $362M — up 14% from $317M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEM positions and 8 closed out — a net gain of 7 holders — while 46 added to existing stakes and 36 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.87M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $2.09M.
- 108 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2025, up from 103 in Q2 2025.
- Funds reported $362M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2025, up 14% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2025 and 8 closed out, a net change of +7 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2025 was Wells Fargo, an estimated $7.87M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2025 was Carson Wealth (CWM LLC), an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2025.