First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
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, 25 increasing their positions, 28 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.29% less ownership
Funds ownership: 69.09% → 65.81% (-3.3%)
7% less capital invested
Capital invested by funds: $176M → $163M (-$12.7M)
7% less funds holding
Funds holding: 67 → 62 (-5)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$4.02M |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$1.33M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$462K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$225K |
| 5 |
Jane Street
New York
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
-$8.88M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$8.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.49M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$3.12M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.35M |
FEMS Hedge Fund Activity: Q2 2025 in Review
62 of the 7,615 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 28 trimmed existing stakes and 25 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.