First Trust Developed Markets ex-US AlphaDEX Fund
97 hedge funds and large institutions have $448M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 44 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
2.82% more ownership
Funds ownership: 61.82% → 64.64% (+2.8%)
2% more funds holding
Funds holding: 95 → 97 (+2)
5% more capital invested
Capital invested by funds: $428M → $448M (+$20.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
36% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.9M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$12.6M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.72M |
| 4 |
Jane Street
New York
|
+$1.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.57M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.65M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.26M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$2.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
101
Virtue Capital Management
Brentwood,
Tennessee
| – | -$344K | -6,568 | Closed |
|
102
Verition Fund Management
Greenwich,
Connecticut
| – | -$245K | -4,673 | Closed |
|
|
CWS
103
Cypress Wealth Services
Palm Desert,
California
| – | -$209K | -4,000 | Closed |
|
|
FAAS
104
First Allied Advisory Services
San Diego,
California
| – | -$177K | -3,393 | Closed |
|
|
QCIG
105
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$29K | -536 | Closed |
|
|
EWM
106
Endurance Wealth Management
Providence,
Rhode Island
| – | -$13K | -248 | Closed |
|
107
JP Morgan Chase
New York
| – | -$9K | -175 | Closed |
|
|
FEM
108
Fulcrum Equity Management
Plano,
Texas
| – | -$2K | -39 | Closed |
|
FDT Hedge Fund Activity: Q4 2019 in Review
97 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2019, worth a combined $448M — up 4.8% from $428M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FDT positions and 11 closed out — a net gain of 4 holders — while 28 added to existing stakes and 44 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $12.9M. The largest seller was Morgan Stanley, cutting an estimated $10.1M.
- 97 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2019, up from 95 in Q3 2019.
- Funds reported $448M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2019, up 4.8% quarter-over-quarter.
- 15 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2019 and 11 closed out, a net change of +4 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2019 was Royal Bank of Canada, an estimated $12.9M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2019 was Morgan Stanley, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2019.