First Trust Developed Markets ex-US AlphaDEX Fund
93 hedge funds and large institutions have $248M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 16 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
1.2% more ownership
Funds ownership: 68.37% → 69.57% (+1.2%)
8% less capital invested
Capital invested by funds: $271M → $248M (-$22.8M)
10% less funds holding
Funds holding: 103 → 93 (-10)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.36M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$3.21M |
| 3 |
Jane Street
New York
|
+$2.91M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.62M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$3.49M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.07M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.04M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.17M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
101
Spire Wealth Management
Mclean,
Virginia
| – | -$124K | -2,580 | Closed |
|
102
Bank of America
Charlotte,
North Carolina
| – | -$77K | -1,604 | Closed |
|
|
HWMA
103
Heritage Wealth Management (Arizona)
Phoenix,
Arizona
| – | -$36.7K | -767 | Closed |
|
104
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$32K | -662 | Closed |
|
|
CA
105
CoreCap Advisors
Southfield,
Michigan
| – | -$19K | -388 | Closed |
|
|
PFS
106
Prospera Financial Services
Dallas,
Texas
| – | -$9K | -179 | Closed |
|
|
TCWM
107
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$7K | -146 | Closed |
|
|
HWA
108
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$1K | -11 | Closed |
|
|
HGERS
109
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$331 | +7 | New |
|
FDT Hedge Fund Activity: Q3 2022 in Review
93 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q3 2022, worth a combined $248M — down 8.4% from $271M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FDT and 7 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 42 added.
The largest buyer was Envestnet Asset Management, adding an estimated $3.36M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $3.49M.
- 93 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q3 2022, down from 103 in Q2 2022.
- Funds reported $248M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q3 2022, down 8.4% quarter-over-quarter.
- 7 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q3 2022 and 16 closed out, a net change of -9 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q3 2022 was Envestnet Asset Management, an estimated $3.36M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q3 2022 was Benjamin F. Edwards & Company, an estimated $3.49M sold.
Based on aggregated 13F filings for Q3 2022.