First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
5.62% more ownership
Funds ownership: 63.47% → 69.09% (+5.6%)
3% less capital invested
Capital invested by funds: $181M → $176M (-$4.96M)
3% less funds holding
Funds holding: 69 → 67 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWG
Beta Wealth Group
San Diego,
California
|
+$8.88M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.19M |
| 3 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$942K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$906K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$877K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$3.89M |
| 2 |
Morgan Stanley
New York
|
-$3.25M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$3.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.86M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.8M |
FEMS Hedge Fund Activity: Q1 2025 in Review
67 of the 7,475 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.