First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
26 hedge funds and large institutions have $44.9M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 5 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
5% more capital invested
Capital invested by funds: $43M → $44.9M (+$1.94M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 28 → 26 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
76.77% less ownership
Funds ownership: 124.82% → 48.05% (-77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.93M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.27M |
| 3 |
Jane Street
New York
|
+$1.61M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$623K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.32M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$412K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$398K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$253K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$398K | -12,147 | Closed |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$253K | -7,703 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$7K | -216 | Closed |
|
29
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -204 | Closed |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| – | -$5K | -166 | Closed |
|
FEMS Hedge Fund Activity: Q4 2016 in Review
26 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2016, worth a combined $44.9M — up 4.5% from $43M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FEMS and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $2.93M. The largest seller was Morgan Stanley, cutting an estimated $1.32M.
- 26 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2016, down from 28 in Q3 2016.
- Funds reported $44.9M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2016, up 4.5% quarter-over-quarter.
- 3 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2016 was Bank of America, an estimated $2.93M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2016 was Morgan Stanley, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2016.