First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
49 hedge funds and large institutions have $70.9M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 10 closing their positions.
5.97% more ownership
Funds ownership: 39.47% → 45.44% (+6%)
8% less funds holding
Funds holding: 53 → 49 (-4)
10% less capital invested
Capital invested by funds: $78.9M → $70.9M (-$7.99M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$7.53M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.01M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.58M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$949K |
| 5 |
Jane Street
New York
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.43M |
| 3 |
Morgan Stanley
New York
|
-$3.98M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$764K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WB
51
WesBanco Bank
Wheeling,
West Virginia
| – | -$403K | -11,176 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$312K | -8,629 | Closed |
|
|
SWP
53
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$170K | -4,695 | Closed |
|
|
SFM
54
Signet Financial Management
Parsippany,
New Jersey
| – | -$36K | -1,000 | Closed |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$22K | -618 | Closed |
|
|
NFG
56
Next Financial Group
Houston,
Texas
| – | -$9K | -237 | Closed |
|
57
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -172 | Closed |
|
FEMS Hedge Fund Activity: Q4 2018 in Review
49 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2018, worth a combined $70.9M — down 10% from $78.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEMS and 6 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was Citadel Advisors, adding an estimated $7.53M. The largest seller was LPL Financial, cutting an estimated $5.7M.
- 49 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2018, down from 53 in Q3 2018.
- Funds reported $70.9M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2018, down 10% quarter-over-quarter.
- 6 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2018 and 10 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2018 was Citadel Advisors, an estimated $7.53M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2018 was LPL Financial, an estimated $5.7M sold.
Based on aggregated 13F filings for Q4 2018.