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First Trust Emerging Markets Small Cap AlphaDEX Fund

73 hedge funds and large institutions have $199M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 29 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 7

123% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 13

89% more capital invested

Capital invested by funds: $106M → $199M (+$93.6M)

26% more funds holding

Funds holding: 5873 (+15)

2.05% more ownership

Funds ownership: 66.65%68.7% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
73
Holders Change
+15
Holders Change %
+25.86%
% of All Funds
1.16%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
23
Increased
29
Reduced
13
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
$40.2M +$25.5M +660,854 +158%
Wells Fargo
2
Wells Fargo
California
$33.2M +$19.4M +504,330 +130%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$13.6M +$13.1M +339,102 +1,334%
DWP
4
Destiny Wealth Partners
Florida
$10.1M +$10.5M +271,575 New
LPL Financial
5
LPL Financial
California
$9.66M +$1.81M +46,917 +22%
SPIA
6
Steward Partners Investment Advisory
New York
$8.66M +$8.95M +232,326 +46,465%
PAG
7
Private Advisor Group
New Jersey
$6.89M +$4.13M +107,177 +137%
6F
8
626 Financial
Michigan
$6.77M -$546K -14,164 -7%
UBS Group
9
UBS Group
Switzerland
$5.7M +$1.38M +35,782 +30%
SMF
10
Sterling Manor Financial
New York
$4.49M +$4.65M +120,718 New
RJA
11
Raymond James & Associates
Florida
$3.65M +$246K +6,378 +7%
Osaic Holdings
12
Osaic Holdings
Arizona
$3.59M +$2.21M +57,299 +147%
CAN
13
Cetera Advisor Networks
California
$3.39M +$1.01M +26,152 +40%
RW
14
RVW Wealth
California
$3.1M -$231 -6 -0%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$3.1M -$35.1K -912 -1%
WP
16
WealthPLAN Partners
Nebraska
$3.06M -$93.6K -2,429 -3%
WP
17
WealthSource Partners
California
$2.5M +$37.4K +971 +1%
FTUS
18
Flow Traders U.S.
New York
$2.12M +$2.19M +56,830 New
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$2.07M -$126K -3,263 -6%
AWM
20
AE Wealth Management
Kansas
$2.01M +$2.09M +54,143 New
AIC
21
Archer Investment Corporation
Indiana
$2M +$2.07M +53,690 New
AFA
22
AllGen Financial Advisors
Florida
$1.97M +$2.04M +52,977 New
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$1.94M +$1.62M +41,990 +416%
FPGK
24
Financial Partners Group (Kansas)
Kansas
$1.88M +$28.4K +738 +1%
BA
25
Bridge Advisory
California
$1.73M +$1.79M +46,516 New

FEMS Hedge Fund Activity: Q1 2023 in Review

73 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q1 2023, worth a combined $199M — up 89% from $106M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FEMS positions and 7 closed out — a net gain of 16 holders — while 29 added to existing stakes and 13 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $25.5M. The largest seller was Financial Advocates Investment Management, exiting entirely with an estimated $5.18M sold.

  • 73 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q1 2023, up from 58 in Q4 2022.
  • Funds reported $199M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q1 2023, up 89% quarter-over-quarter.
  • 23 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q1 2023 and 7 closed out, a net change of +16 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q1 2023 was Morgan Stanley, an estimated $25.5M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q1 2023 was Financial Advocates Investment Management, an estimated $5.18M sold.

Based on aggregated 13F filings for Q1 2023.