First Trust China AlphaDEX Fund
12 hedge funds and large institutions have $3.05M invested in First Trust China AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
20% more funds holding
Funds holding: 10 → 12 (+2)
5.29% less ownership
Funds ownership: 35.42% → 30.14% (-5.3%)
19% less capital invested
Capital invested by funds: $3.79M → $3.05M (-$737K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$488K |
| 2 |
LPL Financial
San Diego,
California
|
+$286K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$185K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$52.1K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$47.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.06M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$341K |
| 3 |
Morgan Stanley
New York
|
-$226K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
1
Raymond James & Associates
St Petersburg,
Florida
| $786K | +$52.1K | +1,660 | +7% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $595K | -$27K | -860 | -4% |
|
|
PAG
3
Private Advisory Group
Redmond,
Washington
| $450K | +$488K | +15,556 | New |
|
|
4
Jane Street
New York
| $300K | -$1.06M | -33,830 | -77% |
|
|
5
LPL Financial
San Diego,
California
| $263K | +$286K | +9,101 | New |
|
|
6
Morgan Stanley
New York
| $230K | -$226K | -7,196 | -48% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $225K | +$185K | +5,898 | +311% |
|
8
Bank of America
Charlotte,
North Carolina
| $68K | +$314 | +10 | +0.4% |
|
|
SWM
9
SeaCrest Wealth Management
Purchase,
New York
| $55K | – | – | – |
|
|
QCIG
10
Quad-Cities Investment Group
Davenport,
Iowa
| $44K | +$47.8K | +1,525 | New |
|
11
UBS Group
Zurich,
Switzerland
| $29K | +$25K | +797 | +383% |
|
12
Wells Fargo
San Francisco,
California
| $6K | – | – | – |
|
|
13
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$341K | -11,161 | Closed |
|
FCA Hedge Fund Activity: Q2 2018 in Review
12 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust China AlphaDEX Fund (FCA) for Q2 2018, worth a combined $3.05M — down 19% from $3.79M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCA positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Private Advisory Group, opening a new position worth an estimated $488K. The largest seller was Jane Street, cutting an estimated $1.06M.
- 12 institutional investors held First Trust China AlphaDEX Fund (FCA) as of Q2 2018, up from 10 in Q1 2018.
- Funds reported $3.05M of First Trust China AlphaDEX Fund stock for Q2 2018, down 19% quarter-over-quarter.
- 3 funds opened new First Trust China AlphaDEX Fund positions in Q2 2018 and 1 closed out, a net change of +2 holders.
- The largest First Trust China AlphaDEX Fund buyer in Q2 2018 was Private Advisory Group, an estimated $488K added.
- The largest First Trust China AlphaDEX Fund seller in Q2 2018 was Jane Street, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.