First Trust Developed Markets ex-US AlphaDEX Fund
119 hedge funds and large institutions have $381M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 6 closing their positions.
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more capital invested
Capital invested by funds: $325M → $381M (+$55.8M)
11% more funds holding
Funds holding: 107 → 119 (+12)
1.33% more ownership
Funds ownership: 78.19% → 79.52% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.46M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.54M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$4.85M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.27M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.2M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.09M |
FDT Hedge Fund Activity: Q1 2023 in Review
119 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q1 2023, worth a combined $381M — up 17% from $325M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FDT positions and 6 closed out — a net gain of 15 holders — while 51 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.27M sold.
- 119 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q1 2023, up from 107 in Q4 2022.
- Funds reported $381M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q1 2023, up 17% quarter-over-quarter.
- 21 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q1 2023 and 6 closed out, a net change of +15 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q1 2023 was Morgan Stanley, an estimated $11.1M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q1 2023 was Citadel Advisors, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2023.