First Trust Developed Markets ex-US AlphaDEX Fund
65 hedge funds and large institutions have $458M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 16 reducing their positions, and 7 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 16
33% more capital invested
Capital invested by funds: $343M → $458M (+$114M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.46% less ownership
Funds ownership: 71.48% → 70.02% (-1.5%)
3% less funds holding
Funds holding: 67 → 65 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.8M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.59M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$5.24M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.61M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$917K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$650K |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$506K |
FDT Hedge Fund Activity: Q3 2017 in Review
65 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q3 2017, worth a combined $458M — up 33% from $343M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FDT positions and 7 closed out — a net gain of 1 holder — while 38 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20.1M. The largest seller was Hays Advisory, cutting an estimated $5.24M.
- 65 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q3 2017, down from 67 in Q2 2017.
- Funds reported $458M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q3 2017, up 33% quarter-over-quarter.
- 8 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q3 2017 and 7 closed out, a net change of +1 holder.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q3 2017 was Morgan Stanley, an estimated $20.1M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q3 2017 was Hays Advisory, an estimated $5.24M sold.
Based on aggregated 13F filings for Q3 2017.