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First Trust Emerging Markets Small Cap AlphaDEX Fund

63 hedge funds and large institutions have $171M invested in First Trust Emerging Markets Small Cap AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

2% more funds holding

Funds holding: 6263 (+1)

5% more capital invested

Capital invested by funds: $163M → $171M (+$7.76M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3.87% less ownership

Funds ownership: 65.81%61.93% (-3.9%)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

Holders
63
Holders Change
+1
Holders Change %
+1.61%
% of All Funds
0.83%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
24
Reduced
27
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$23.2M -$218K -5,101 -1%
LPL Financial
2
LPL Financial
California
$16.1M -$1.99M -46,611 -11%
Wells Fargo
3
Wells Fargo
California
$15.3M -$354K -8,287 -2%
Raymond James Financial
4
Raymond James Financial
Florida
$9.67M -$6.61M -154,595 -41%
BWG
5
Beta Wealth Group
California
$8.91M +$358K +8,381 +4%
OMC
6
Old Mission Capital
Illinois
$7.49M -$2.87M -67,237 -28%
6F
7
626 Financial
Michigan
$7.08M +$28.4K +664 +0.4%
UBS Group
8
UBS Group
Switzerland
$6.96M -$172K -4,021 -2%
AAP
9
Arax Advisory Partners
Colorado
$5.73M +$209K +4,894 +4%
IWC
10
Integrated Wealth Concepts
Massachusetts
$5.28M +$21K +492 +0.4%
PAG
11
Private Advisor Group
New Jersey
$4.93M +$53.1K +1,242 +1%
Jones Financial Companies
12
Jones Financial Companies
Missouri
$4.33M -$187K -4,370 -4%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$3.75M +$68.5K +1,603 +2%
Jane Street
14
Jane Street
New York
$3.29M +$1.85M +43,229 +139%
CPG
15
Cornerstone Planning Group
New Jersey
$3.17M -$118K -2,755 -4%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$3.16M +$394K +9,214 +15%
NA
17
NewEdge Advisors
Louisiana
$3.1M +$175K +4,085 +6%
AIC
18
Archer Investment Corporation
Indiana
$3.04M +$70.7K +1,653 +2%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$3.02M +$213K +4,987 +8%
TPA
20
Trivium Point Advisory
Connecticut
$2.76M +$114K +2,668 +4%
Osaic Holdings
21
Osaic Holdings
Arizona
$2.49M -$131K -3,060 -5%
FTUS
22
Flow Traders U.S.
New York
$2.43M +$2.35M +54,935 New
Stifel Financial
23
Stifel Financial
Missouri
$2.15M +$70.4K +1,648 +4%
QCIG
24
Quad-Cities Investment Group
Iowa
$2M -$8.25K -193 -0.4%
HAS
25
HBW Advisory Services
California
$1.94M +$383K +8,961 +26%

FEMS Hedge Fund Activity: Q3 2025 in Review

63 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) for Q3 2025, worth a combined $171M — up 4.8% from $163M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new FEMS positions and 1 closed out — a net gain of 2 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.35M. The largest seller was Raymond James Financial, cutting an estimated $6.61M.

  • 63 institutional investors held First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) as of Q3 2025, up from 62 in Q2 2025.
  • Funds reported $171M of First Trust Emerging Markets Small Cap AlphaDEX Fund stock for Q3 2025, up 4.8% quarter-over-quarter.
  • 3 funds opened new First Trust Emerging Markets Small Cap AlphaDEX Fund positions in Q3 2025 and 1 closed out, a net change of +2 holders.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund buyer in Q3 2025 was Flow Traders U.S., an estimated $2.35M added.
  • The largest First Trust Emerging Markets Small Cap AlphaDEX Fund seller in Q3 2025 was Raymond James Financial, an estimated $6.61M sold.

Based on aggregated 13F filings for Q3 2025.