First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
69 hedge funds and large institutions have $227M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 20 reducing their positions, and 12 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 20
14% more capital invested
Capital invested by funds: $199M → $227M (+$27.5M)
5.59% more ownership
Funds ownership: 68.7% → 74.29% (+5.6%)
5% less funds holding
Funds holding: 73 → 69 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13.2M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$6.87M |
| 3 |
Morgan Stanley
New York
|
+$6.51M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.24M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWP
Destiny Wealth Partners
Tavares,
Florida
|
-$10.1M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$4.49M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.35M |
| 4 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
-$1.88M |
| 5 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
-$1.34M |
FEMS Hedge Fund Activity: Q2 2023 in Review
69 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q2 2023, worth a combined $227M — up 14% from $199M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FEMS and 8 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 35 added.
The largest buyer was Jane Street, adding an estimated $13.2M. The largest seller was Destiny Wealth Partners, exiting entirely with an estimated $10.1M sold.
- 69 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q2 2023, down from 73 in Q1 2023.
- Funds reported $227M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q2 2023, up 14% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q2 2023 and 12 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q2 2023 was Jane Street, an estimated $13.2M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q2 2023 was Destiny Wealth Partners, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.