First Trust Exchange-Traded Fund III First Trust Active Factor International ETF
AFDM
46 hedge funds and large institutions have $91.8M invested in First Trust Exchange-Traded Fund III First Trust Active Factor International ETF in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 27 reducing their positions, and 11 closing their positions.
0.05% less ownership
Funds ownership: 66.21% → 66.16% (-0.05%)
18% less funds holding
Funds holding: 56 → 46 (-10)
59% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 27
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
67% less capital inflows, than outflows
Capital inflows: $17.6M | Capital outflows: $52.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.97M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.71M |
| 3 |
Jane Street
New York
|
+$3.21M |
| 4 |
MI
Moneywise Inc
Forest,
Virginia
|
+$885K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.6M |
| 2 |
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$9.9M |
| 3 |
RiverFront Investment Group
Richmond,
Virginia
|
-$8.67M |
| 4 |
Regal Investment Advisors
Kentwood,
Michigan
|
-$3.14M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.01M |
AFDM Hedge Fund Activity: Q1 2020 in Review
46 of the 4,549 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 Q1 2020, worth a combined $91.8M — down 43% from $161M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of AFDM and 4 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 11 added.
The largest buyer was Royal Bank of Canada, adding an estimated $5.97M. The largest seller was Morgan Stanley, cutting an estimated $18.6M.
- 46 institutional investors held First Trust Exchange-Traded Fund III First Trust Active Factor International ETF (AFDM) as of Q1 2020, down from 56 in Q4 2019.
- Funds reported $91.8M of First Trust Exchange-Traded Fund III First Trust Active Factor International ETF stock for Q1 2020, down 43% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund III First Trust Active Factor International ETF positions in Q1 2020 and 11 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor International ETF buyer in Q1 2020 was Royal Bank of Canada, an estimated $5.97M added.
- The largest First Trust Exchange-Traded Fund III First Trust Active Factor International ETF seller in Q1 2020 was Morgan Stanley, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2020.