First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
24 hedge funds and large institutions have $19.3M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 9 closing their positions.
14% less funds holding
Funds holding: 28 → 24 (-4)
20.22% less ownership
Funds ownership: 67.86% → 47.64% (-20%)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
64% less capital invested
Capital invested by funds: $54.1M → $19.3M (-$34.8M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$448K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$56.3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$32.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.68M |
| 3 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$5.2M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.93M |
| 5 |
JP Morgan Chase
New York
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$428K | -11,783 | Closed |
|
27
Jane Street
New York
| – | -$369K | -10,170 | Closed |
|
|
B
28
Baird
Milwaukee,
Wisconsin
| – | -$290K | -7,993 | Closed |
|
29
US Bancorp
Minneapolis,
Minnesota
| – | -$21K | -573 | Closed |
|
|
S
30
SignatureFD
Atlanta,
Georgia
| – | -$18K | -505 | Closed |
|
|
PTC
31
Private Trust Company
Cleveland,
Ohio
| – | -$12K | -340 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | -$10K | -270 | Closed |
|
33
Parallax Volatility Advisers
San Francisco,
California
| – | +$34 | +1 | New |
|
FEMS Hedge Fund Activity: Q4 2014 in Review
24 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2014, worth a combined $19.3M — down 64% from $54.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEMS and 6 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Deutsche Bank, adding an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $14.7M.
- 24 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2014, down from 28 in Q3 2014.
- Funds reported $19.3M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2014, down 64% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2014 and 9 closed out, a net change of -3 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2014 was Deutsche Bank, an estimated $2.32M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2014 was Morgan Stanley, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2014.