153 institutional investment managers reported FEM positions in their Form 13F filings for Q2 2026, holding 18,913,844 shares worth $605M in total. Morgan Stanley reported the largest position.

Are funds buying or selling FEM?

In Q2 2026, 26 managers opened new FEM positions, 68 added, 31 trimmed and 11 sold out. Managers that filed in both quarters added a net 737,389 shares.

How current is this FEM institutional ownership data?

It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Funds · FEM

Who owns FEM?

Institutional ownership of First Trust Emerging Markets AlphaDEX Fund from Form 13F, Q2 2026

153 institutional managers reported holding First Trust Emerging Markets AlphaDEX Fund (FEM) in Form 13F filings for Q2 2026, with 18,913,844 shares worth $605M. The largest reported holder was Morgan Stanley. Managers that filed both quarters added a net 737,389 shares (+4.1%). 26 opened new positions and 11 sold out.

Funds holding: 153
Value held: $605M
New / sold out: 26 / 11
Net shares, same filers: +4.1%

Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Largest holders of FEM

Fund	Value	Share of 13F holdings	Shares	Move
Morgan Stanley	$96.1M	15.9%	3,004,146	Added
LPL Financial LLC	$72.3M	12.0%	2,261,075	Added
Wells Fargo & Company	$47.1M	7.8%	1,471,272	Added
Bank of America Corp	$42.3M	7.0%	1,321,485	Added
Envestnet Asset Management Inc	$28.0M	4.6%	875,590	Added
Royal Bank of Canada	$25.8M	4.3%	805,899	Trimmed
Cambridge Investment Research Advisors, Inc.	$23.2M	3.8%	725,394	Added
First Trust Advisors LP	$21.5M	3.6%	671,879	Trimmed
UBS Group AG	$20.7M	3.4%	647,068	Trimmed
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	$20.4M	3.4%	636,366	Added
Raymond James Financial Inc	$18.6M	3.1%	582,966	Added
TCP Asset Management, LLC	$14.6M	2.4%	455,273	Added
Sanctuary Advisors, LLC	$11.8M	2.0%	369,789	Trimmed
Cetera Investment Advisers	$11.5M	1.9%	360,031	Trimmed
Assetmark, Inc	$11.4M	1.9%	356,467	Added
State of Wisconsin Investment Board	$10.0M	1.7%	313,808	Unchanged
Bank of New York Mellon Corp	$7.1M	1.2%	223,082	Trimmed
Benjamin Edwards Inc	$4.7M	0.8%	148,318	Added
Greenup Street Wealth Management LLC	$4.4M	0.7%	137,010	Added
HighTower Advisors, LLC	$4.3M	0.7%	134,457	Trimmed
Harbour Investments, Inc.	$4.3M	0.7%	134,363	Added
Atria Investments, Inc	$4.0M	0.7%	124,183	Added
IFP Advisors, Inc	$3.8M	0.6%	117,309	Added
Integrated Wealth Concepts LLC	$3.7M	0.6%	115,286	Added
Kingsview Wealth Management, LLC	$3.5M	0.6%	110,800	Added

Share of 13F holdings is each fund's shares as a share of the 18,913,844 FEM shares all 13F filers reported, not of shares outstanding.

Biggest buyers in Q2 2026

LPL Financial LLC Added+$15.6M
Morgan Stanley Added+$9.9M
Cambridge Investment Research Advisors, Inc. Added+$9.0M
Raymond James Financial Inc Added+$4.4M
Wells Fargo & Company Added+$4.0M
Roman Butler Fullerton & Co New+$3.0M
Integrated Wealth Concepts LLC Added+$2.9M
Old Mission Capital LLC New+$2.8M
Harbour Investments, Inc. Added+$2.4M
Vise Technologies, Inc. New+$2.0M

Biggest sellers in Q2 2026

Jane Street Group, LLC Trimmed-$27.5M
Private Advisor Group, LLC Trimmed-$5.5M
Wagner Wealth Management, Corp Sold out-$2.8M
First Trust Advisors LP Trimmed-$2.8M
Gateway Wealth Partners, LLC Trimmed-$1.9M
Pacific Excel Wealth Advisors, Inc. Sold out-$1.1M
UBS Group AG Trimmed-$976K
Royal Bank of Canada Trimmed-$871K
Principal Securities, Inc. Trimmed-$676K
Goldman Sachs Group Inc Sold out-$673K

The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $73.1M and sold $49.2M; 68 added and 31 trimmed.

Questions about FEM ownership

Who owns FEM stock?: 153 institutional investment managers reported FEM positions in their Form 13F filings for Q2 2026, holding 18,913,844 shares worth $605M in total. Morgan Stanley reported the largest position.
Are funds buying or selling FEM?: In Q2 2026, 26 managers opened new FEM positions, 68 added, 31 trimmed and 11 sold out. Managers that filed in both quarters added a net 737,389 shares.
How current is this FEM institutional ownership data?: It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to FEM by CUSIP. Options are left out. FEM news and filings · FEM insider trades · Top funds