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First Trust Emerging Markets Small Cap AlphaDEX Fund

48 hedge funds and large institutions have $59.9M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 4948 (-1)

7.13% less ownership

Funds ownership: 45.44%38.31% (-7.1%)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

16% less capital invested

Capital invested by funds: $70.9M → $59.9M (-$11M)

29% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 17

Holders
48
Holders Change
-1
Holders Change %
-2.04%
% of All Funds
1.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
12
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$10.5M +$710K +20,375 +7%
UBS Group
2
UBS Group
Switzerland
$5.89M -$4.83M -138,480 -46%
Bank of America
3
Bank of America
North Carolina
$5.67M -$2.54M -72,998 -31%
Jane Street
4
Jane Street
New York
$4.73M -$897K -25,746 -16%
LPL Financial
5
LPL Financial
California
$4.14M -$2.19M -62,893 -35%
Citadel Advisors
6
Citadel Advisors
Florida
$3.63M -$5.58M -160,077 -61%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.79M -$3.72M -106,832 -58%
RJA
8
Raymond James & Associates
Florida
$2.65M -$103K -2,957 -4%
LNC
9
Lincoln National Corp
Pennsylvania
$2.08M +$90.2K +2,589 +5%
Stifel Financial
10
Stifel Financial
Missouri
$1.89M -$54.7K -1,570 -3%
AG
11
Advisor Group
Arizona
$1.68M -$75.1K -2,156 -4%
MML Investors Services
12
MML Investors Services
Massachusetts
$1.47M +$8.36K +240 +0.6%
FWM
13
Frontier Wealth Management
Missouri
$1.44M
Wells Fargo
14
Wells Fargo
California
$1.36M +$350K +10,055 +36%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$1.2M +$61.6K +1,768 +6%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$1.15M +$13.9K +399 +1%
FTUS
17
Flow Traders U.S.
New York
$1.1M +$1.07M +30,825 New
CAN
18
Cetera Advisor Networks
California
$838K -$11.8K -338 -1%
GVAG
19
Great Valley Advisor Group
Delaware
$707K +$693K +19,882 New
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$596K +$66.7K +1,915 +13%
BFEC
21
Benjamin F. Edwards & Company
Missouri
$568K +$20.4K +585 +4%
SWM
22
Sequoia Wealth Management
Illinois
$529K +$102K +2,926 +24%
CG
23
Colony Group
Massachusetts
$435K +$427K +12,241 New
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$355K -$1.32K -38 -0.4%
PFS
25
Prospera Financial Services
Texas
$284K -$53.1K -1,525 -16%

FEMS Hedge Fund Activity: Q1 2019 in Review

48 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q1 2019, worth a combined $59.9M — down 16% from $70.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FEMS and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 12 added.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.07M. The largest seller was Citadel Advisors, cutting an estimated $5.58M.

  • 48 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q1 2019, down from 49 in Q4 2018.
  • Funds reported $59.9M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q1 2019, down 16% quarter-over-quarter.
  • 6 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q1 2019 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q1 2019 was Flow Traders U.S., an estimated $1.07M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q1 2019 was Citadel Advisors, an estimated $5.58M sold.

Based on aggregated 13F filings for Q1 2019.