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First Trust Emerging Markets Small Cap AlphaDEX Fund

51 hedge funds and large institutions have $56.3M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $51M → $56.3M (+$5.39M)

7.03% more ownership

Funds ownership: 35.89%42.92% (+7%)

2% less funds holding

Funds holding: 5251 (-1)

11% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 19

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
51
Holders Change
-1
Holders Change %
-1.92%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
17
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.88M -$382K -10,889 -5%
Citadel Advisors
2
Citadel Advisors
Florida
$6.53M +$4.87M +138,813 +269%
Bank of America
3
Bank of America
North Carolina
$6.05M +$138K +3,918 +2%
UBS Group
4
UBS Group
Switzerland
$5.4M -$38.7K -1,102 -0.7%
LPL Financial
5
LPL Financial
California
$4.52M +$855K +24,357 +22%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$3.71M +$3.33M +94,936 +713%
Wells Fargo
7
Wells Fargo
California
$2.57M +$1.45M +41,354 +121%
LNC
8
Lincoln National Corp
Pennsylvania
$2.13M +$96.8K +2,757 +5%
GVAG
9
Great Valley Advisor Group
Delaware
$1.67M +$924K +26,317 +116%
Jane Street
10
Jane Street
New York
$1.65M +$463K +13,191 +38%
MML Investors Services
11
MML Investors Services
Massachusetts
$1.48M -$100K -2,852 -6%
Stifel Financial
12
Stifel Financial
Missouri
$1.42M -$14.9K -425 -1%
FWM
13
Frontier Wealth Management
Missouri
$1.34M
RJA
14
Raymond James & Associates
Florida
$1.15M -$187K -5,337 -14%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.11M -$3.02M -85,873 -72%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$1.11M -$33.1K -944 -3%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1M -$165K -4,704 -14%
AG
18
Advisor Group
Arizona
$715K -$149K -4,254 -17%
CG
19
Colony Group
Massachusetts
$594K +$127K +3,608 +26%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$507K +$23.4K +666 +5%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$491K -$211K -6,003 -29%
FTUS
22
Flow Traders U.S.
New York
$430K +$45K +1,283 +11%
CAN
23
Cetera Advisor Networks
California
$408K -$458K -13,056 -52%
SWM
24
Sequoia Wealth Management
Illinois
$386K -$10.3K -292 -3%
Verition Fund Management
25
Verition Fund Management
Connecticut
$367K +$94.8K +2,699 +34%

FEMS Hedge Fund Activity: Q3 2019 in Review

51 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q3 2019, worth a combined $56.3M — up 11% from $51M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FEMS and 7 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 17 added.

The largest buyer was Citadel Advisors, adding an estimated $4.87M. The largest seller was Royal Bank of Canada, cutting an estimated $3.02M.

  • 51 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q3 2019, down from 52 in Q2 2019.
  • Funds reported $56.3M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q3 2019, up 11% quarter-over-quarter.
  • 7 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q3 2019 and 8 closed out, a net change of -1 holder.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q3 2019 was Citadel Advisors, an estimated $4.87M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q3 2019 was Royal Bank of Canada, an estimated $3.02M sold.

Based on aggregated 13F filings for Q3 2019.