First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
46 hedge funds and large institutions have $56.8M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
1% more capital invested
Capital invested by funds: $56.3M → $56.8M (+$476K)
3.37% less ownership
Funds ownership: 42.92% → 39.55% (-3.4%)
10% less funds holding
Funds holding: 51 → 46 (-5)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.16M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.49M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 4 |
Jane Street
New York
|
+$894K |
| 5 |
Morgan Stanley
New York
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.56M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.42M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$574K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Verition Fund Management
Greenwich,
Connecticut
| – | -$367K | -10,712 | Closed |
|
|
MNBTD
52
Moody National Bank Trust Division
Galveston,
Texas
| – | -$229K | -6,731 | Closed |
|
|
FAAS
53
First Allied Advisory Services
San Diego,
California
| – | -$125K | -3,646 | Closed |
|
|
AIC
54
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$84K | -2,480 | Closed |
|
55
JP Morgan Chase
New York
| – | -$79K | -2,300 | Closed |
|
|
PO
56
Private Ocean
San Rafael,
California
| – | -$1K | -27 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | -$36 | -1 | -50% |
|
FEMS Hedge Fund Activity: Q4 2019 in Review
46 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2019, worth a combined $56.8M — up 0.84% from $56.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FEMS and 7 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 18 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.16M. The largest seller was Citadel Advisors, exiting entirely with an estimated $6.53M sold.
- 46 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2019, down from 51 in Q3 2019.
- Funds reported $56.8M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2019, up 0.84% quarter-over-quarter.
- 7 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2019 and 11 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2019 was Royal Bank of Canada, an estimated $2.16M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2019 was Citadel Advisors, an estimated $6.53M sold.
Based on aggregated 13F filings for Q4 2019.