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First Trust Emerging Markets Small Cap AlphaDEX Fund

71 hedge funds and large institutions have $233M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 23

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

3% more funds holding

Funds holding: 6971 (+2)

3% more capital invested

Capital invested by funds: $227M → $233M (+$6.24M)

3.4% less ownership

Funds ownership: 74.29%70.9% (-3.4%)

Holders
71
Holders Change
+2
Holders Change %
+2.9%
% of All Funds
1.13%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
8
Increased
32
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$53.5M +$5.09M +132,634 +11%
Wells Fargo
2
Wells Fargo
California
$32.8M +$2.02M +52,757 +7%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$20.5M +$950K +24,762 +5%
LPL Financial
4
LPL Financial
California
$14.8M +$880K +22,924 +6%
SPIA
5
Steward Partners Investment Advisory
New York
$8.94M -$17.7K -462 -0.2%
PAG
6
Private Advisor Group
New Jersey
$8M +$450K +11,723 +6%
UBS Group
7
UBS Group
Switzerland
$7.67M +$456K +11,870 +6%
CPG
8
Cornerstone Planning Group
New Jersey
$7.59M +$1.08M +28,010 +17%
6F
9
626 Financial
Michigan
$7.18M -$32.9K -858 -0.5%
Osaic Holdings
10
Osaic Holdings
Arizona
$6.68M +$2.19M +56,952 +49%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$5.36M +$2.09M +54,553 +64%
MFG
12
Merit Financial Group
Georgia
$4.65M +$4.64M +120,863 New
CAN
13
Cetera Advisor Networks
California
$3.87M -$115K -3,002 -3%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$3.79M +$669K +17,420 +21%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$3.12M +$14.3K +372 +0.5%
RJA
16
Raymond James & Associates
Florida
$3.02M +$253K +6,589 +9%
WP
17
WealthSource Partners
California
$2.6M +$25K +651 +1%
AWM
18
AE Wealth Management
Kansas
$2.57M +$441K +11,482 +21%
AIC
19
Archer Investment Corporation
Indiana
$2.52M +$36.7K +956 +1%
KA
20
Kure Advisory
Minnesota
$2.51M +$2.51M +65,317 New
AFA
21
AllGen Financial Advisors
Florida
$2.09M +$8.02K +209 +0.4%
RW
22
RVW Wealth
California
$1.81M
BA
23
Bridge Advisory
California
$1.73M -$69.2K -1,804 -4%
QCIG
24
Quad-Cities Investment Group
Iowa
$1.62M +$8.29K +216 +0.5%
Stifel Financial
25
Stifel Financial
Missouri
$1.62M +$35K +913 +2%

FEMS Hedge Fund Activity: Q3 2023 in Review

71 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q3 2023, worth a combined $233M — up 2.7% from $227M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FEMS positions and 6 closed out — a net gain of 2 holders — while 32 added to existing stakes and 23 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.09M. The largest seller was Jane Street, exiting entirely with an estimated $13.7M sold.

  • 71 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q3 2023, up from 69 in Q2 2023.
  • Funds reported $233M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q3 2023, up 2.7% quarter-over-quarter.
  • 8 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q3 2023 and 6 closed out, a net change of +2 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q3 2023 was Morgan Stanley, an estimated $5.09M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q3 2023 was Jane Street, an estimated $13.7M sold.

Based on aggregated 13F filings for Q3 2023.