First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
53 hedge funds and large institutions have $78.9M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 18 closing their positions.
2% more ownership
Funds ownership: 37.47% → 39.47% (+2%)
18% less funds holding
Funds holding: 65 → 53 (-12)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
28% less capital invested
Capital invested by funds: $109M → $78.9M (-$30M)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.5M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$800K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$708K |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$650K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$8.54M |
| 2 |
Morgan Stanley
New York
|
-$4.01M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.19M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.62M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.58M |
FEMS Hedge Fund Activity: Q3 2018 in Review
53 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q3 2018, worth a combined $78.9M — down 28% from $109M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FEMS and 6 opened new positions — a net loss of 12 holders — while 21 trimmed existing stakes and 17 added.
The largest buyer was Jane Street, adding an estimated $1.5M. The largest seller was 3D Asset Management, cutting an estimated $8.54M.
- 53 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q3 2018, down from 65 in Q2 2018.
- Funds reported $78.9M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q3 2018, down 28% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q3 2018 and 18 closed out, a net change of -12 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q3 2018 was Jane Street, an estimated $1.5M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q3 2018 was 3D Asset Management, an estimated $8.54M sold.
Based on aggregated 13F filings for Q3 2018.