First Trust Developed Markets ex-US AlphaDEX Fund
107 hedge funds and large institutions have $699M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 42 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
10% more capital invested
Capital invested by funds: $637M → $699M (+$61.9M)
8% more funds holding
Funds holding: 99 → 107 (+8)
1.52% more ownership
Funds ownership: 66.26% → 67.78% (+1.5%)
19% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 42
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.7M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$12.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.56M |
| 4 |
Morgan Stanley
New York
|
+$5.87M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$18.5M |
| 2 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
-$9.36M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.83M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$7.41M |
FDT Hedge Fund Activity: Q1 2019 in Review
107 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q1 2019, worth a combined $699M — up 9.7% from $637M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FDT positions and 11 closed out — a net gain of 9 holders — while 34 added to existing stakes and 42 trimmed.
The largest buyer was Bank of America, adding an estimated $14.7M. The largest seller was Citadel Advisors, cutting an estimated $18.5M.
- 107 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q1 2019, up from 99 in Q4 2018.
- Funds reported $699M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q1 2019, up 9.7% quarter-over-quarter.
- 20 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q1 2019 and 11 closed out, a net change of +9 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q1 2019 was Bank of America, an estimated $14.7M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q1 2019 was Citadel Advisors, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2019.