First Trust Exchange-Traded Fund III First Trust Active Factor International ETF
AFDM
62 hedge funds and large institutions have $457M invested in First Trust Exchange-Traded Fund III First Trust Active Factor International ETF in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 8 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more funds holding
Funds holding: 61 → 62 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital inflows, than outflows
Capital inflows: $16.3M | Capital outflows: $16.8M
1.46% less ownership
Funds ownership: 72.15% → 70.69% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BB&T Securities
Richmond,
Virginia
|
+$3.32M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.48M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.17M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.1M |
| 5 |
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.72M |
| 2 |
RiverFront Investment Group
Richmond,
Virginia
|
-$3.5M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.7M |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$901K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$784K |
AFDM Hedge Fund Activity: Q2 2018 in Review
62 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund III First Trust Active Factor International ETF (AFDM) for Q2 2018, worth a combined $457M — down 4.3% from $477M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AFDM positions and 8 closed out — a net gain of 2 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was BB&T Securities, adding an estimated $3.32M. The largest seller was Morgan Stanley, cutting an estimated $4.72M.
- 62 institutional investors held First Trust Exchange-Traded Fund III First Trust Active Factor International ETF (AFDM) as of Q2 2018, up from 61 in Q1 2018.
- Funds reported $457M of First Trust Exchange-Traded Fund III First Trust Active Factor International ETF stock for Q2 2018, down 4.3% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund III First Trust Active Factor International ETF positions in Q2 2018 and 8 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor International ETF buyer in Q2 2018 was BB&T Securities, an estimated $3.32M added.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor International ETF seller in Q2 2018 was Morgan Stanley, an estimated $4.72M sold.
Based on aggregated 13F filings for Q2 2018.