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First Trust Emerging Markets Small Cap AlphaDEX Fund

62 hedge funds and large institutions have $163M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3.3% less ownership

Funds ownership: 69.11%65.81% (-3.3%)

7% less capital invested

Capital invested by funds: $176M → $163M (-$12.7M)

7% less funds holding

Funds holding: 6762 (-5)

17% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 29

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
62
Holders Change
-5
Holders Change %
-7.46%
% of All Funds
0.82%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
24
Reduced
29
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$21.6M -$1.72M -45,217 -8%
LPL Financial
2
LPL Financial
California
$16.7M -$624K -16,380 -4%
Raymond James Financial
3
Raymond James Financial
Florida
$15.2M -$3.12M -81,851 -18%
Wells Fargo
4
Wells Fargo
California
$14.4M -$4.49M -117,893 -25%
OMC
5
Old Mission Capital
Illinois
$9.62M +$4.02M +105,667 +81%
BWG
6
Beta Wealth Group
California
$7.85M -$1.61M -42,156 -18%
UBS Group
7
UBS Group
Switzerland
$6.56M +$24.8K +652 +0.4%
6F
8
626 Financial
Michigan
$6.48M -$14.5K -381 -0.2%
AAP
9
Arax Advisory Partners
Colorado
$5.05M +$1.33M +35,046 +39%
IWC
10
Integrated Wealth Concepts
Massachusetts
$4.83M +$191K +5,004 +4%
PAG
11
Private Advisor Group
New Jersey
$4.48M +$35.6K +935 +0.9%
Jones Financial Companies
12
Jones Financial Companies
Missouri
$4.16M +$462K +12,129 +13%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$3.38M +$225K +5,914 +8%
CPG
14
Cornerstone Planning Group
New Jersey
$3.25M -$8.88M -233,097 -75%
AIC
15
Archer Investment Corporation
Indiana
$2.73M +$3.54K +93 +0.1%
NA
16
NewEdge Advisors
Louisiana
$2.69M -$225K -5,902 -8%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$2.58M -$230K -6,042 -9%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$2.53M -$39.3K -1,033 -2%
Osaic Holdings
19
Osaic Holdings
Arizona
$2.44M +$71.8K +1,885 +3%
TPA
20
Trivium Point Advisory
Connecticut
$2.43M +$122K +3,196 +6%
Stifel Financial
21
Stifel Financial
Missouri
$1.9M +$28.8K +757 +2%
QCIG
22
Quad-Cities Investment Group
Iowa
$1.84M +$14.5K +382 +0.8%
VA
23
VestGen Advisors
Illinois
$1.71M -$17.1K -450 -1%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1.43M -$2.35M -61,589 -64%
HAS
25
HBW Advisory Services
California
$1.42M +$58K +1,522 +5%

FEMS Hedge Fund Activity: Q2 2025 in Review

62 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q2 2025, worth a combined $163M — down 7.2% from $176M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FEMS and 5 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 24 added.

The largest buyer was Old Mission Capital, adding an estimated $4.02M. The largest seller was Cornerstone Planning Group, cutting an estimated $8.88M.

  • 62 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q2 2025, down from 67 in Q1 2025.
  • Funds reported $163M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q2 2025, down 7.2% quarter-over-quarter.
  • 5 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q2 2025 and 9 closed out, a net change of -4 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q2 2025 was Old Mission Capital, an estimated $4.02M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q2 2025 was Cornerstone Planning Group, an estimated $8.88M sold.

Based on aggregated 13F filings for Q2 2025.