First Trust Developed Markets ex-US AlphaDEX Fund
89 hedge funds and large institutions have $231M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 21 increasing their positions, 44 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
5% more funds holding
Funds holding: 85 → 89 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.23% less ownership
Funds ownership: 68.85% → 61.62% (-7.2%)
14% less capital invested
Capital invested by funds: $267M → $231M (-$36.1M)
52% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.07M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.37M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.22M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.18M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$656K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$23.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.1M |
| 3 |
Jane Street
New York
|
-$6.29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.23M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.03M |
FDT Hedge Fund Activity: Q4 2020 in Review
89 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2020, worth a combined $231M — down 14% from $267M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FDT positions and 13 closed out — a net gain of 5 holders — while 21 added to existing stakes and 44 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.07M. The largest seller was Bank of America, cutting an estimated $23.7M.
- 89 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2020, up from 85 in Q3 2020.
- Funds reported $231M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2020, down 14% quarter-over-quarter.
- 18 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2020 and 13 closed out, a net change of +5 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2020 was Wells Fargo, an estimated $2.07M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2020 was Bank of America, an estimated $23.7M sold.
Based on aggregated 13F filings for Q4 2020.