First Trust Developed Markets ex-US AlphaDEX Fund
99 hedge funds and large institutions have $674M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 15 closing their positions.
0.02% less ownership
Funds ownership: 67.78% → 67.76% (-0.02%)
4% less capital invested
Capital invested by funds: $699M → $674M (-$25.4M)
7% less funds holding
Funds holding: 107 → 99 (-8)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.2M |
| 2 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$6.25M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.45M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.3M |
| 5 |
Jane Street
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.1M |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$8.02M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.57M |
| 5 |
Morgan Stanley
New York
|
-$4.2M |
FDT Hedge Fund Activity: Q2 2019 in Review
99 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2019, worth a combined $674M — down 3.6% from $699M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FDT and 11 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 34 added.
The largest buyer was Royal Bank of Canada, adding an estimated $14.2M. The largest seller was Wells Fargo, cutting an estimated $11.1M.
- 99 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2019, down from 107 in Q1 2019.
- Funds reported $674M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2019, down 3.6% quarter-over-quarter.
- 11 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2019 and 15 closed out, a net change of -4 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2019 was Royal Bank of Canada, an estimated $14.2M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2019 was Wells Fargo, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2019.