First Trust Developed Markets ex-US AlphaDEX Fund
101 hedge funds and large institutions have $760M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 47 increasing their positions, 18 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
161% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 18
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
38% more capital invested
Capital invested by funds: $549M → $760M (+$211M)
19% more funds holding
Funds holding: 85 → 101 (+16)
13.73% less ownership
Funds ownership: 78.62% → 64.89% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
+$43.7M |
| 2 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$28M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$25.1M |
| 4 |
Morgan Stanley
New York
|
+$23.6M |
| 5 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$25M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$7.73M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$6.11M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$1.56M |
| 5 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
-$1.45M |
FDT Hedge Fund Activity: Q1 2018 in Review
101 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q1 2018, worth a combined $760M — up 38% from $549M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FDT positions and 8 closed out — a net gain of 16 holders — while 47 added to existing stakes and 18 trimmed.
The largest buyer was SFMG Wealth Advisors, opening a new position worth an estimated $43.7M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $25M sold.
- 101 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q1 2018, up from 85 in Q4 2017.
- Funds reported $760M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q1 2018, up 38% quarter-over-quarter.
- 24 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q1 2018 and 8 closed out, a net change of +16 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q1 2018 was SFMG Wealth Advisors, an estimated $43.7M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q1 2018 was Raymond James Financial Services Advisors, an estimated $25M sold.
Based on aggregated 13F filings for Q1 2018.