First Trust Developed Markets ex-US AlphaDEX Fund
111 hedge funds and large institutions have $892M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 24 reducing their positions, and 10 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 24
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more capital invested
Capital invested by funds: $760M → $892M (+$132M)
10% more funds holding
Funds holding: 101 → 111 (+10)
8.25% more ownership
Funds ownership: 64.89% → 73.15% (+8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$69.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$39.1M |
| 3 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$20.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$15.7M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.18M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$1.93M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.78M |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$1.31M |
FDT Hedge Fund Activity: Q2 2018 in Review
111 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2018, worth a combined $892M — up 17% from $760M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FDT positions and 10 closed out — a net gain of 10 holders — while 58 added to existing stakes and 24 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $69.2M. The largest seller was BB&T Securities, cutting an estimated $9.28M.
- 111 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2018, up from 101 in Q1 2018.
- Funds reported $892M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2018, up 17% quarter-over-quarter.
- 20 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2018 and 10 closed out, a net change of +10 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $69.2M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2018 was BB&T Securities, an estimated $9.28M sold.
Based on aggregated 13F filings for Q2 2018.