First Trust Emerging Markets AlphaDEX Fund
FEM
116 hedge funds and large institutions have $368M invested in First Trust Emerging Markets AlphaDEX Fund in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 44 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
7% more funds holding
Funds holding: 108 → 116 (+8)
2% more capital invested
Capital invested by funds: $362M → $368M (+$6.02M)
0% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 44
0.36% less ownership
Funds ownership: 77.21% → 76.84% (-0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.29M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.63M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.45M |
| 4 |
VA
VestGen Advisors
Inverness,
Illinois
|
+$1.18M |
| 5 |
Morgan Stanley
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.85M |
| 2 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$2.79M |
| 3 |
Bank of New York Mellon
New York
|
-$1.36M |
| 4 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$1.15M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.05M |
FEM Hedge Fund Activity: Q4 2025 in Review
116 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q4 2025, worth a combined $368M — up 1.7% from $362M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEM positions and 7 closed out — a net gain of 8 holders — while 44 added to existing stakes and 44 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.29M. The largest seller was Old Mission Capital, exiting entirely with an estimated $2.85M sold.
- 116 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q4 2025, up from 108 in Q3 2025.
- Funds reported $368M of First Trust Emerging Markets AlphaDEX Fund stock for Q4 2025, up 1.7% quarter-over-quarter.
- 15 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q4 2025 and 7 closed out, a net change of +8 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q4 2025 was LPL Financial, an estimated $3.29M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q4 2025 was Old Mission Capital, an estimated $2.85M sold.
Based on aggregated 13F filings for Q4 2025.