First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
76 hedge funds and large institutions have $219M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
7% more funds holding
Funds holding: 71 → 76 (+5)
4.36% less ownership
Funds ownership: 70.9% → 66.54% (-4.4%)
6% less capital invested
Capital invested by funds: $233M → $219M (-$14.4M)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$3.59M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.86M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.6M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.99M |
| 5 |
Jane Street
New York
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.4M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.18M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.62M |
| 4 |
FIS
Fischer Investment Strategies
Westlake Village,
California
|
-$1.33M |
| 5 |
6F
626 Financial
Portage,
Michigan
|
-$1.12M |
FEMS Hedge Fund Activity: Q4 2023 in Review
76 of the 6,871 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q4 2023, worth a combined $219M — down 6.2% from $233M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEMS positions and 5 closed out — a net gain of 5 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was Integrated Wealth Concepts, adding an estimated $3.59M. The largest seller was Morgan Stanley, cutting an estimated $19.4M.
- 76 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q4 2023, up from 71 in Q3 2023.
- Funds reported $219M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q4 2023, down 6.2% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q4 2023 and 5 closed out, a net change of +5 holders.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q4 2023 was Integrated Wealth Concepts, an estimated $3.59M added.
- The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q4 2023 was Morgan Stanley, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2023.