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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.

New
Increased
Maintained
Reduced
Closed

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: 25 (+3)

38% more capital invested

Capital invested by funds: $549M → $760M (+$211M)

19% more funds holding

Funds holding: 85101 (+16)

13.73% less ownership

Funds ownership: 78.62%64.89% (-14%)

Holders
101
Holders Change
+16
Holders Change %
+18.82%
% of All Funds
2.31%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.11%
New
24
Increased
47
Reduced
18
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$189M +$10.1M +157,439 +6%
Morgan Stanley
2
Morgan Stanley
New York
$95.1M +$23.6M +368,874 +32%
Wells Fargo
3
Wells Fargo
California
$78.5M +$11.3M +177,462 +17%
Bank of America
4
Bank of America
North Carolina
$51.6M +$25.1M +392,555 +92%
SWA
5
SFMG Wealth Advisors
Texas
$43M +$43.7M +683,620 New
UBS Group
6
UBS Group
Switzerland
$38.7M +$13M +204,098 +49%
LPL Financial
7
LPL Financial
California
$30.5M +$14.3M +223,914 +86%
LFAS
8
Level Four Advisory Services
Texas
$30.3M +$28M +438,249 +991%
TIM
9
Total Investment Management
Arizona
$22.3M +$22.6M +354,305 New
Baird Financial Group
10
Baird Financial Group
Wisconsin
$13.3M +$1.81M +28,322 +15%
RJA
11
Raymond James & Associates
Florida
$12.6M +$7.89M +123,465 +162%
Jane Street
12
Jane Street
New York
$12.4M +$12.6M +196,832 New
BTS
13
BB&T Securities
Virginia
$11.6M +$1.47M +23,070 +14%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$10M +$1.61M +25,175 +19%
SB
15
Suntrust Banks
Georgia
$7.98M +$1.13M +17,698 +16%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$7.8M +$4.81M +75,328 +155%
MML Investors Services
17
MML Investors Services
Massachusetts
$6.62M +$1.72M +26,924 +34%
HA
18
Hays Advisory
Tennessee
$6.56M -$1.56M -24,453 -19%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$6.35M -$1.2M -18,856 -16%
SPIA
20
Steward Partners Investment Advisory
New York
$5.34M +$554K +8,675 +11%
Stifel Financial
21
Stifel Financial
Missouri
$4.92M +$1.47M +22,952 +42%
HFS
22
HL Financial Services
Kentucky
$4.91M -$148K -2,322 -3%
BFEC
23
Benjamin F. Edwards & Company
Missouri
$4.25M +$288K +4,512 +7%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$4.23M +$3.81M +59,664 +783%
Citadel Advisors
25
Citadel Advisors
Florida
$3.97M +$4.04M +63,254 New

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.