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First Trust Developed Markets ex-US AlphaDEX Fund

111 hedge funds and large institutions have $892M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 24 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 24

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

17% more capital invested

Capital invested by funds: $760M → $892M (+$132M)

10% more funds holding

Funds holding: 101111 (+10)

8.25% more ownership

Funds ownership: 64.89%73.15% (+8.3%)

Holders
111
Holders Change
+10
Holders Change %
+9.9%
% of All Funds
2.54%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.14%
New
20
Increased
58
Reduced
24
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$183M +$2.09M +33,260 +1%
Morgan Stanley
2
Morgan Stanley
New York
$104M +$13.6M +217,098 +14%
Wells Fargo
3
Wells Fargo
California
$82.6M +$8.01M +127,749 +10%
Bank of America
4
Bank of America
North Carolina
$59.3M +$10.6M +169,240 +21%
UBS Group
5
UBS Group
Switzerland
$51.9M +$15.7M +249,514 +40%
SWA
6
SFMG Wealth Advisors
Texas
$42.8M +$1.88M +29,916 +4%
TIM
7
Total Investment Management
Arizona
$40.8M +$20.5M +325,967 +92%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$37.4M +$39.1M +623,966 New
LPL Financial
9
LPL Financial
California
$32.8M +$3.93M +62,658 +13%
LFAS
10
Level Four Advisory Services
Texas
$30.2M +$1.36M +21,688 +4%
CWM
11
Cornerstone Wealth Management
Missouri
$19M +$69.2M +1,103,468 +5,987%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$16.7M +$4.19M +66,726 +32%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$15.1M +$13.9M +221,766 +744%
RJA
14
Raymond James & Associates
Florida
$15M +$3.16M +50,357 +25%
Jane Street
15
Jane Street
New York
$13M +$1.29M +20,632 +10%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$10.7M +$1.21M +19,320 +12%
SB
17
Suntrust Banks
Georgia
$9.46M +$1.94M +30,875 +24%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$8.81M +$2.89M +45,994 +46%
MML Investors Services
19
MML Investors Services
Massachusetts
$8.63M +$2.43M +38,720 +37%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$7.9M +$485K +7,733 +6%
HSA
21
HBK Sorce Advisory
Pennsylvania
$7.74M +$8.1M +129,104 New
SPIA
22
Steward Partners Investment Advisory
New York
$6.37M +$1.33M +21,268 +25%
HA
23
Hays Advisory
Tennessee
$6.05M -$225K -3,590 -3%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$5.84M +$2.84M +45,292 +87%
Stifel Financial
25
Stifel Financial
Missouri
$5.24M +$584K +9,313 +12%

FDT Hedge Fund Activity: Q2 2018 in Review

111 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2018, worth a combined $892M — up 17% from $760M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FDT positions and 10 closed out — a net gain of 10 holders — while 58 added to existing stakes and 24 trimmed.

The largest buyer was Cornerstone Wealth Management, adding an estimated $69.2M. The largest seller was BB&T Securities, cutting an estimated $9.28M.

  • 111 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2018, up from 101 in Q1 2018.
  • Funds reported $892M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2018, up 17% quarter-over-quarter.
  • 20 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2018 and 10 closed out, a net change of +10 holders.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $69.2M added.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2018 was BB&T Securities, an estimated $9.28M sold.

Based on aggregated 13F filings for Q2 2018.