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First Trust Emerging Markets Small Cap AlphaDEX Fund

57 hedge funds and large institutions have $135M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 3

150% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 10

30% more funds holding

Funds holding: 4457 (+13)

27% more capital invested

Capital invested by funds: $106M → $135M (+$28.7M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.27% less ownership

Funds ownership: 40.18%39.92% (-0.27%)

Holders
57
Holders Change
+13
Holders Change %
+29.55%
% of All Funds
1.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
25
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$22M -$1.25M -27,720 -5%
3AM
2
3D Asset Management
Connecticut
$20.1M -$831K -18,428 -4%
LPL Financial
3
LPL Financial
California
$16.1M +$7.25M +160,797 +81%
Bank of America
4
Bank of America
North Carolina
$13.5M +$1.51M +33,502 +13%
UBS Group
5
UBS Group
Switzerland
$9.81M +$2.68M +59,450 +37%
RJA
6
Raymond James & Associates
Florida
$6.65M +$654K +14,503 +11%
Citadel Advisors
7
Citadel Advisors
Florida
$5.82M +$5.84M +129,569 New
Stifel Financial
8
Stifel Financial
Missouri
$4.01M +$2.36M +52,234 +141%
AI
9
Atria Investments
North Carolina
$3.82M +$2.05M +45,499 +115%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$3.76M -$1.11M -24,640 -21%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$3.42M -$307K -6,819 -8%
FAAS
12
First Allied Advisory Services
California
$3.04M +$3.04M +67,404 +19,537%
FWM
13
Frontier Wealth Management
Missouri
$1.9M +$435K +9,643 +29%
SS
14
Simplicity Solutions
Minnesota
$1.74M +$331K +7,338 +23%
PCM
15
Penserra Capital Management
California
$1.65M +$1.66M +36,721 New
AG
16
Advisor Group
Arizona
$1.44M +$622K +13,787 +76%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$1.43M +$322K +7,149 +29%
JIP
18
Jaffetilchin Investment Partners
Florida
$1.26M +$935K +20,728 +282%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$1.23M +$318K +7,051 +35%
MML Investors Services
20
MML Investors Services
Massachusetts
$1.15M +$779K +17,273 +209%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$1.12M +$177K +3,931 +19%
CAN
22
Cetera Advisor Networks
California
$1.04M +$138K +3,055 +15%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$963K +$294K +6,530 +44%
MIAN
24
Mariner Independent Advisor Network
Kansas
$957K +$136K +3,013 +16%
LNC
25
Lincoln National Corp
Pennsylvania
$795K +$799K +17,710 New

FEMS Hedge Fund Activity: Q1 2018 in Review

57 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q1 2018, worth a combined $135M — up 27% from $106M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FEMS positions and 3 closed out — a net gain of 14 holders — while 25 added to existing stakes and 10 trimmed.

The largest buyer was LPL Financial, adding an estimated $7.25M. The largest seller was 3EDGE Asset Management, exiting entirely with an estimated $5.84M sold.

  • 57 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q1 2018, up from 44 in Q4 2017.
  • Funds reported $135M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q1 2018, up 27% quarter-over-quarter.
  • 17 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q1 2018 and 3 closed out, a net change of +14 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q1 2018 was LPL Financial, an estimated $7.25M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q1 2018 was 3EDGE Asset Management, an estimated $5.84M sold.

Based on aggregated 13F filings for Q1 2018.