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 18 funds opening new positions, 33 increasing their positions, 42 reducing their positions, and 17 closing their positions.
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% less funds holding
Funds holding: 100 → 99 (-1)
1.04% less ownership
Funds ownership: 67.29% → 66.26% (-1%)
18% less capital invested
Capital invested by funds: $776M → $637M (-$139M)
21% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 42
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 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$55M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$40.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.91M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.46M |
FDT Hedge Fund Activity: Q4 2018 in Review
99 of the 4,488 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 18% from $776M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FDT positions and 17 closed out — a net gain of 1 holder — while 33 added to existing stakes and 42 trimmed.
The largest buyer was UBS Group, adding an estimated $26.1M. The largest seller was Cornerstone Wealth Management, cutting an estimated $55M.
- 99 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2018, down from 100 in Q3 2018.
- Funds reported $637M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2018, down 18% quarter-over-quarter.
- 18 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2018 and 17 closed out, a net change of +1 holder.
- 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 Cornerstone Wealth Management, an estimated $55M sold.
Based on aggregated 13F filings for Q4 2018.