First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
76 hedge funds and large institutions have $252M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $233M → $252M (+$19.1M)
7% more funds holding
Funds holding: 71 → 76 (+5)
5.83% more ownership
Funds ownership: 70.9% → 76.73% (+5.8%)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.2M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$3.59M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.86M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.6M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.18M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.62M |
| 3 |
FIS
Fischer Investment Strategies
Westlake Village,
California
|
-$1.33M |
| 4 |
6F
626 Financial
Portage,
Michigan
|
-$1.12M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$976K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
76
IFP Advisors
Tampa,
Florida
| $2.31K | – | – | – |
|
77
Fidelity Investments
Boston,
Massachusetts
| $77 | +$75 | +2 | New |
|
|
FIS
78
Fischer Investment Strategies
Westlake Village,
California
| – | -$1.33M | -34,554 | Closed |
|
|
OIA
79
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$319K | -8,286 | Closed |
|
|
BWM
80
BlackDiamond Wealth Management
New York
| – | -$298K | -8,230 | Closed |
|
|
CIA
81
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$21.2K | -550 | Closed |
|
|
RCM
82
Raleigh Capital Management
Cary,
North Carolina
| – | -$346 | -9 | Closed |
|
FEMS Hedge Fund Activity: Q4 2023 in Review
76 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2023, worth a combined $252M — up 8.2% from $233M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEMS positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.2M. The largest seller was AE Wealth Management, cutting an estimated $2.18M.
- 76 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2023, up from 71 in Q3 2023.
- Funds reported $252M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2023, up 8.2% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2023 and 5 closed out, a net change of +5 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $13.2M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2023 was AE Wealth Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2023.