Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND (FEMS)

64 + Investors. Track Smart Money conviction in FEMS. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
52%

Smart Money Signals — FEMS

Based on 64 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FEMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
64 hedge funds hold FEMS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FEMS is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

32 buying30 selling
Last quarter: 32 funds bought or added vs 30 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 3 → 3 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

69% conviction (2yr+) 25% medium 6% new
44 out of 64 hedge funds have held FEMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~8 new funds/quarter

13 → 7 → 3 → 3 → 8 new funds/Q
New funds entering each quarter: 7 → 3 → 3 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 73% of holders stayed 2+ years

73% veterans 9% 1-2yr 17% new
Of 64 current holders: 47 (73%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
9 of 64 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in FEMS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: FEMS

How many hedge funds hold FEMS — quarterly history vs. share price
Quarterly hedge fund ownership of FEMS vs. share price

Market Analysis: FEMS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FEMS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: FEMS
2026 Q1 Stats Unlock in 15 days 64 + Investors

Track Smart Money conviction in FEMS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 64 58 10.34%
13F Shares 3M 4M -15.07%
Total Value $138M $170M -18.84%
New Positions 8 3 +5
Increased Positions 24 24 -
Closed Positions 2 2 -
Reduced Positions 28 25 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FEMS

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Institutional Holders (2026 Q1)

64 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FEMS. Verified SEC 13F-HR filings.

Top 25 institutional holders of FEMS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 626 Financial, LLC 2.85% 140,372 $6.4M
2 Quad-Cities Investment Group, LLC 0.82% 45,257 $2.1M
3 Archer Investment Corp 0.67% 69,100 $3.1M
4 HBW ADVISORY SERVICES LLC 0.25% 51,240 $2.3M
5 Trivium Point Advisory, LLC 0.14% 17,173 $782K
6 Richmond Investment Services, LLC 0.07% 9,206 $419K
7 Pinnacle Bancorp, Inc. 0.07% 4,880 $222K
8 RVW Wealth, LLC 0.05% 13,604 $620K
9 Private Advisor Group, LLC 0.03% 121,082 $5.5M
10 SUMMIT WEALTH GROUP LLC / CO 0.03% 5,387 $245K
11 PRIVATE TRUST CO NA 0.02% 5,318 $242K
12 Indivisible Partners 0.02% 5,263 $240K
13 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% 8,778 $400K
14 Spire Wealth Management 0.01% 3,987 $182K
15 Cambridge Investment Research Advisors, Inc. 0.00% 29,270 $1K
16 Farther Finance Advisors, LLC 0.00% 7,398 $339K
17 MML INVESTORS SERVICES, LLC 0.00% 13,407 $611K
18 Merit Financial Group, LLC 0.00% 4,824 $220K
19 Janney Montgomery Scott LLC 0.00% 10,626
20 Geneos Wealth Management Inc. 0.00% 1,066 $49K
21 Davis Capital Management 0.00% 34 $2K
22 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 11,746 $535K
23 ENVESTNET ASSET MANAGEMENT INC 0.00% 14,464 $659K
24 Hilton Head Capital Partners, LLC 0.00% 6
25 IFP Advisors, Inc 0.00% 150 $7K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND (FEMS)

What does the Smart Money Trend signal show for FEMS?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FEMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FEMS?

Slight buying edge — 52% buying: Last quarter: 32 funds bought or added vs 30 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FEMS holders?

Elite ownership — 40% AUM from top-100 funds: 9 of 64 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in FEMS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FEMS?

69% of holders stayed for 2+ years: 44 out of 64 hedge funds have held FEMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.