First Trust Developed Markets ex-US AlphaDEX Fund
121 hedge funds and large institutions have $367M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 64 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
14% more capital invested
Capital invested by funds: $322M → $367M (+$44.4M)
13.59% more ownership
Funds ownership: 76.09% → 89.68% (+14%)
2% more funds holding
Funds holding: 119 → 121 (+2)
45% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 64
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$48.8M |
| 2 |
Jane Street
New York
|
+$6.53M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$4.89M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$9.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.26M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$4.39M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$3.17M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.44M |
FDT Hedge Fund Activity: Q4 2023 in Review
121 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2023, worth a combined $367M — up 14% from $322M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDT positions and 8 closed out — a net gain of 3 holders — while 35 added to existing stakes and 64 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $48.8M. The largest seller was LPL Financial, cutting an estimated $9.34M.
- 121 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2023, up from 119 in Q3 2023.
- Funds reported $367M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2023, up 14% quarter-over-quarter.
- 11 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2023 and 8 closed out, a net change of +3 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $48.8M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2023 was LPL Financial, an estimated $9.34M sold.
Based on aggregated 13F filings for Q4 2023.