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First Trust Emerging Markets Small Cap AlphaDEX Fund

65 hedge funds and large institutions have $109M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

14% more funds holding

Funds holding: 5765 (+8)

2.45% less ownership

Funds ownership: 39.92%37.47% (-2.4%)

19% less capital invested

Capital invested by funds: $135M → $109M (-$26.1M)

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
65
Holders Change
+8
Holders Change %
+14.04%
% of All Funds
1.49%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
16
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$19.2M +$471K +11,310 +2%
LPL Financial
2
LPL Financial
California
$14.4M +$743K +17,815 +5%
Bank of America
3
Bank of America
North Carolina
$10.2M -$1.37M -32,884 -11%
3AM
4
3D Asset Management
Connecticut
$8.99M -$8.84M -212,010 -47%
UBS Group
5
UBS Group
Switzerland
$7.96M -$430K -10,318 -5%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$5.55M +$6.06M +145,296 New
RJA
7
Raymond James & Associates
Florida
$5.45M -$231K -5,535 -4%
Jane Street
8
Jane Street
New York
$3.49M +$3.81M +91,346 New
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$3.19M -$315K -7,553 -8%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.96M +$55.2K +1,323 +2%
Stifel Financial
11
Stifel Financial
Missouri
$2.52M -$951K -22,821 -26%
FWM
12
Frontier Wealth Management
Missouri
$1.68M +$58.9K +1,412 +3%
AI
13
Atria Investments
North Carolina
$1.62M -$1.78M -42,694 -50%
LNC
14
Lincoln National Corp
Pennsylvania
$1.62M +$1.03M +24,674 +139%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.51M +$509K +12,218 +45%
SS
16
Simplicity Solutions
Minnesota
$1.45M -$35.4K -849 -2%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$1.43M
MML Investors Services
18
MML Investors Services
Massachusetts
$1.26M +$308K +7,388 +29%
AG
19
Advisor Group
Arizona
$1.17M -$56.5K -1,356 -4%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$1M +$878K +21,074 +408%
PAG
21
Private Advisor Group
New Jersey
$973K +$1.06M +25,482 New
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$901K -$54.2K -1,300 -5%
GRP
23
Global Retirement Partners
California
$845K +$921K +22,104 New
GLA
24
Good Life Advisors
Pennsylvania
$799K +$309K +7,401 +55%
Citadel Advisors
25
Citadel Advisors
Florida
$728K -$4.61M -110,525 -85%

FEMS Hedge Fund Activity: Q2 2018 in Review

65 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q2 2018, worth a combined $109M — down 19% from $135M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FEMS positions and 9 closed out — a net gain of 8 holders — while 16 added to existing stakes and 22 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $6.06M. The largest seller was 3D Asset Management, cutting an estimated $8.84M.

  • 65 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q2 2018, up from 57 in Q1 2018.
  • Funds reported $109M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q2 2018, down 19% quarter-over-quarter.
  • 17 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q2 2018 and 9 closed out, a net change of +8 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q2 2018 was Susquehanna International Group, an estimated $6.06M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q2 2018 was 3D Asset Management, an estimated $8.84M sold.

Based on aggregated 13F filings for Q2 2018.