First Trust Developed Markets ex-US AlphaDEX Fund
99 hedge funds and large institutions have $637M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 17 closing their positions.
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
4.13% more ownership
Funds ownership: 62.12% → 66.26% (+4.1%)
0% more funds holding
Funds holding: 99 → 99 (0)
16% less capital invested
Capital invested by funds: $758M → $637M (-$121M)
20% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 41
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$26.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$14.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.93M |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$7.6M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$40.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.91M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.46M |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$6.09M |
FDT Hedge Fund Activity: Q4 2018 in Review
99 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2018, worth a combined $637M — down 16% from $758M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FDT positions and 17 closed out — a net gain of 2 holders — while 33 added to existing stakes and 41 trimmed.
The largest buyer was UBS Group, adding an estimated $26.1M. The largest seller was First Trust Advisors, cutting an estimated $40.4M.
- 99 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $637M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2018, down 16% quarter-over-quarter.
- 19 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2018 and 17 closed out, a net change of +2 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2018 was UBS Group, an estimated $26.1M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2018 was First Trust Advisors, an estimated $40.4M sold.
Based on aggregated 13F filings for Q4 2018.