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First Trust Emerging Markets Small Cap AlphaDEX Fund

67 hedge funds and large institutions have $176M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 23

5.64% more ownership

Funds ownership: 63.47%69.11% (+5.6%)

3% less capital invested

Capital invested by funds: $181M → $176M (-$4.92M)

3% less funds holding

Funds holding: 6967 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
67
Holders Change
-2
Holders Change %
-2.9%
% of All Funds
0.9%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
7
Increased
26
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$21.4M -$3.25M -86,313 -13%
Wells Fargo
2
Wells Fargo
California
$17.6M -$2.86M -75,768 -14%
Raymond James Financial
3
Raymond James Financial
Florida
$16.9M -$3.89M -103,172 -18%
LPL Financial
4
LPL Financial
California
$15.9M +$110K +2,928 +0.7%
CPG
5
Cornerstone Planning Group
New Jersey
$11.3M +$942K +24,978 +9%
BWG
6
Beta Wealth Group
California
$8.75M +$8.88M +235,509 New
SPIA
7
Steward Partners Investment Advisory
New York
$8.65M +$218K +5,788 +3%
UBS Group
8
UBS Group
Switzerland
$5.98M +$227K +6,030 +4%
6F
9
626 Financial
Michigan
$5.94M +$567K +15,028 +10%
OMC
10
Old Mission Capital
Illinois
$4.88M -$285K -7,558 -5%
IWC
11
Integrated Wealth Concepts
Massachusetts
$4.24M +$877K +23,261 +26%
PAG
12
Private Advisor Group
New Jersey
$4.06M +$14.9K +396 +0.4%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.59M +$161K +4,279 +5%
Jones Financial Companies
14
Jones Financial Companies
Missouri
$3.44M +$838K +22,216 +32%
AAP
15
Arax Advisory Partners
Colorado
$3.32M +$374K +9,925 +13%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$2.87M +$188K +4,997 +7%
NA
17
NewEdge Advisors
Louisiana
$2.68M +$49.4K +1,310 +2%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$2.58M +$803K +21,290 +44%
AIC
19
Archer Investment Corporation
Indiana
$2.49M -$12.7K -337 -0.5%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$2.36M +$197K +5,215 +9%
Osaic Holdings
21
Osaic Holdings
Arizona
$2.16M +$117K +3,107 +6%
TPA
22
Trivium Point Advisory
Connecticut
$2.1M +$691K +18,321 +48%
Stifel Financial
23
Stifel Financial
Missouri
$1.72M +$134K +3,562 +8%
QCIG
24
Quad-Cities Investment Group
Iowa
$1.67M +$62.8K +1,667 +4%
VA
25
VestGen Advisors
Illinois
$1.58M +$1.61M +42,641 New

FEMS Hedge Fund Activity: Q1 2025 in Review

67 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q1 2025, worth a combined $176M — down 2.7% from $181M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FEMS and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 26 added.

The largest buyer was Beta Wealth Group, opening a new position worth an estimated $8.88M. The largest seller was Raymond James Financial, cutting an estimated $3.89M.

  • 67 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q1 2025, down from 69 in Q4 2024.
  • Funds reported $176M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q1 2025, down 2.7% quarter-over-quarter.
  • 7 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q1 2025 and 8 closed out, a net change of -1 holder.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q1 2025 was Beta Wealth Group, an estimated $8.88M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q1 2025 was Raymond James Financial, an estimated $3.89M sold.

Based on aggregated 13F filings for Q1 2025.