First Trust Developed Markets ex-US AlphaDEX Fund
28 hedge funds and large institutions have $59.4M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 7 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
1.14% more ownership
Funds ownership: 53.34% → 54.48% (+1.1%)
11% less capital invested
Capital invested by funds: $66.4M → $59.4M (-$7.04M)
15% less funds holding
Funds holding: 33 → 28 (-5)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.61M |
| 2 |
JP Morgan Chase
New York
|
+$993K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$918K |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$613K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.34M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.46M |
| 3 |
Morgan Stanley
New York
|
-$1.96M |
| 4 |
Goldman Sachs
New York
|
-$1.01M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$763K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $43K | +$144 | +3 | +0.3% |
|
27
Envestnet Asset Management
Chicago,
Illinois
| $6K | +$1.34K | +28 | +26% |
|
|
28
Goldman Sachs
New York
| – | -$1.01M | -20,311 | Closed |
|
|
RIA
29
Regal Investment Advisors
Kentwood,
Michigan
| – | -$454K | -9,116 | Closed |
|
30
Jane Street
New York
| – | -$438K | -8,795 | Closed |
|
|
NES
31
New England Securities
New York
| – | -$70K | -1,401 | Closed |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$30K | -608 | Closed |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$29K | -572 | Closed |
|
|
MAS
34
Madden Advisory Services
Jacksonville,
Florida
| – | -$9K | -182 | Closed |
|
35
Parallax Volatility Advisers
San Francisco,
California
| – | +$48 | +1 | New |
|
FDT Hedge Fund Activity: Q4 2014 in Review
28 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2014, worth a combined $59.4M — down 11% from $66.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FDT and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 16 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.61M. The largest seller was Wells Fargo, cutting an estimated $3.34M.
- 28 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2014, down from 33 in Q3 2014.
- Funds reported $59.4M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2014, down 11% quarter-over-quarter.
- 4 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2014 and 7 closed out, a net change of -3 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2014 was Susquehanna International Group, an estimated $2.61M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2014 was Wells Fargo, an estimated $3.34M sold.
Based on aggregated 13F filings for Q4 2014.