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First Trust Emerging Markets Small Cap AlphaDEX Fund

42 hedge funds and large institutions have $86.7M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

24% more capital invested

Capital invested by funds: $69.7M → $86.7M (+$17M)

5.11% more ownership

Funds ownership: 51.82%56.94% (+5.1%)

2% more funds holding

Funds holding: 4142 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

25% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 16

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
12
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFA
1
American Financial Advisors
Georgia
$24M -$796K -21,746 -4%
LPL Financial
2
LPL Financial
California
$8.51M +$568K +15,506 +8%
Morgan Stanley
3
Morgan Stanley
New York
$7.09M +$2.76M +75,444 +78%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$6.41M +$5.41M +147,851 +1,811%
Jane Street
5
Jane Street
New York
$5.64M +$840K +22,941 +20%
BFG
6
Berger Financial Group
Minnesota
$4.16M +$3.7M +101,121 New
UBS Group
7
UBS Group
Switzerland
$3.77M +$7.03K +192 +0.2%
RW
8
RVW Wealth
California
$3M -$3.77K -103 -0.1%
FAIM
9
Financial Advocates Investment Management
Washington
$2.98M +$2.66M +72,562 New
FWM
10
Frontier Wealth Management
Missouri
$2.76M +$125K +3,423 +5%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$2.58M +$333K +9,092 +17%
Bank of America
12
Bank of America
North Carolina
$2.04M -$11.1M -303,958 -86%
LNC
13
Lincoln National Corp
Pennsylvania
$1.75M -$667K -18,212 -30%
RJA
14
Raymond James & Associates
Florida
$1.44M -$77.4K -2,115 -6%
MML Investors Services
15
MML Investors Services
Massachusetts
$1.25M -$6.85K -187 -0.6%
Wells Fargo
16
Wells Fargo
California
$1.24M -$258K -7,052 -19%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$866K +$7.14K +195 +0.9%
OC
18
Oppenheimer & Co
New York
$624K +$2.56K +70 +0.5%
CCM
19
Chiron Capital Management
Florida
$622K -$8.38K -229 -1%
KAS
20
Kestra Advisory Services
Texas
$582K -$56.6K -1,545 -10%
Osaic Holdings
21
Osaic Holdings
Arizona
$527K -$34.7K -949 -7%
CAN
22
Cetera Advisor Networks
California
$527K -$6.63K -181 -1%
FTUS
23
Flow Traders U.S.
New York
$521K +$465K +12,689 New
CG
24
Colony Group
Massachusetts
$452K -$15.7K -428 -4%
QCIG
25
Quad-Cities Investment Group
Iowa
$411K +$1.46K +40 +0.4%

FEMS Hedge Fund Activity: Q4 2020 in Review

42 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2020, worth a combined $86.7M — up 24% from $69.7M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FEMS positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 16 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $5.41M. The largest seller was Bank of America, cutting an estimated $11.1M.

  • 42 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2020, up from 41 in Q3 2020.
  • Funds reported $86.7M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2020, up 24% quarter-over-quarter.
  • 7 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2020 and 5 closed out, a net change of +2 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2020 was Royal Bank of Canada, an estimated $5.41M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2020 was Bank of America, an estimated $11.1M sold.

Based on aggregated 13F filings for Q4 2020.