First Trust Developed Markets ex-US AlphaDEX Fund
48 hedge funds and large institutions have $92.8M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 5 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
6% less funds holding
Funds holding: 51 → 48 (-3)
29.13% less ownership
Funds ownership: 87.76% → 58.62% (-29%)
35% less capital invested
Capital invested by funds: $143M → $92.8M (-$49.8M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$1.94M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.53M |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$1.42M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$546K |
| 5 |
Jane Street
New York
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$31.6M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$12.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.13M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.52M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$366K | -7,456 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$9K | -174 | Closed |
|
FDT Hedge Fund Activity: Q4 2016 in Review
48 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2016, worth a combined $92.8M — down 35% from $143M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDT and 2 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was HBK Sorce Advisory, adding an estimated $1.94M. The largest seller was Hays Advisory, cutting an estimated $31.6M.
- 48 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2016, down from 51 in Q3 2016.
- Funds reported $92.8M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2016, down 35% quarter-over-quarter.
- 2 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2016 and 5 closed out, a net change of -3 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2016 was HBK Sorce Advisory, an estimated $1.94M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2016 was Hays Advisory, an estimated $31.6M sold.
Based on aggregated 13F filings for Q4 2016.