First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
71 hedge funds and large institutions have $233M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 69 → 71 (+2)
3% more capital invested
Capital invested by funds: $227M → $233M (+$6.24M)
3.4% less ownership
Funds ownership: 74.29% → 70.9% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.09M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$4.64M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.19M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.09M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.7M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$7.27M |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$2.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.34M |
| 5 |
SHFP
Second Half Financial Partners
Sebring,
Florida
|
-$1.99M |
FEMS Hedge Fund Activity: Q3 2023 in Review
71 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q3 2023, worth a combined $233M — up 2.7% from $227M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FEMS positions and 6 closed out — a net gain of 2 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.09M. The largest seller was Jane Street, exiting entirely with an estimated $13.7M sold.
- 71 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q3 2023, up from 69 in Q2 2023.
- Funds reported $233M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q3 2023, up 2.7% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q3 2023 and 6 closed out, a net change of +2 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q3 2023 was Morgan Stanley, an estimated $5.09M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q3 2023 was Jane Street, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2023.