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First Trust Emerging Markets Small Cap AlphaDEX Fund

42 hedge funds and large institutions have $77.3M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $74.7M → $77.3M (+$2.54M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.81% less ownership

Funds ownership: 60.02%56.21% (-3.8%)

9% less funds holding

Funds holding: 4642 (-4)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

44% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 18

Holders
42
Holders Change
-4
Holders Change %
-8.7%
% of All Funds
0.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
10
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFA
1
American Financial Advisors
Georgia
$22.3M +$488K +16,676 +3%
Bank of America
2
Bank of America
North Carolina
$13.1M +$647K +22,127 +6%
LPL Financial
3
LPL Financial
California
$6.21M -$42.8K -1,463 -0.8%
Cambridge Investment Research Advisors
4
Cambridge Investment Research Advisors
Iowa
$5.06M -$629K -21,497 -12%
Citadel Advisors
5
Citadel Advisors
Florida
$4.68M +$3.91M +133,628 +1,294%
Morgan Stanley
6
Morgan Stanley
New York
$3.85M -$663K -22,661 -16%
UBS Group
7
UBS Group
Switzerland
$3.2M -$2.36M -80,741 -45%
Jane Street
8
Jane Street
New York
$2.76M -$2.25M -76,900 -48%
RW
9
RVW Wealth
California
$2.38M -$3.83M -130,798 -64%
LNC
10
Lincoln National Corp
Pennsylvania
$2.01M -$50.5K -1,726 -3%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$1.94M -$1.94M -66,432 -53%
FWM
12
Frontier Wealth Management
Missouri
$1.33M
RJA
13
Raymond James & Associates
Florida
$1.26M -$25.7K -879 -2%
Wells Fargo
14
Wells Fargo
California
$1.16M +$97.8K +3,344 +10%
MML Investors Services
15
MML Investors Services
Massachusetts
$1.07M +$85.8K +2,933 +10%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$562K +$117K +4,014 +30%
Osaic Holdings
17
Osaic Holdings
Arizona
$556K -$174K -5,950 -26%
OC
18
Oppenheimer & Co
New York
$497K +$12.3K +422 +3%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$462K -$72K -2,462 -15%
CAN
20
Cetera Advisor Networks
California
$437K +$20K +684 +5%
CG
21
Colony Group
Massachusetts
$372K -$58.5K -2,000 -15%
QCIG
22
Quad-Cities Investment Group
Iowa
$329K +$296K +10,116 New
WWM
23
Western Wealth Management
Colorado
$306K -$52.4K -1,792 -16%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$289K -$3.36K -115 -1%
CWM
25
Cornerstone Wealth Management
Missouri
$245K +$220K +7,513 New

FEMS Hedge Fund Activity: Q2 2020 in Review

42 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q2 2020, worth a combined $77.3M — up 3.4% from $74.7M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FEMS and 6 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 10 added.

The largest buyer was Citadel Advisors, adding an estimated $3.91M. The largest seller was Independent Financial Group, exiting entirely with an estimated $7.38M sold.

  • 42 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q2 2020, down from 46 in Q1 2020.
  • Funds reported $77.3M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q2 2020, up 3.4% quarter-over-quarter.
  • 6 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q2 2020 and 10 closed out, a net change of -4 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q2 2020 was Citadel Advisors, an estimated $3.91M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q2 2020 was Independent Financial Group, an estimated $7.38M sold.

Based on aggregated 13F filings for Q2 2020.