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First Trust Developed Markets ex-US AlphaDEX Fund

82 hedge funds and large institutions have $258M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 43 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.5% less ownership

Funds ownership: 64.64%62.14% (-2.5%)

15% less funds holding

Funds holding: 9782 (-15)

42% less capital invested

Capital invested by funds: $448M → $258M (-$190M)

47% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 43

65% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 20

Holders
82
Holders Change
-15
Holders Change %
-15.46%
% of All Funds
1.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
23
Reduced
43
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$38.2M -$18.3M -367,679 -28%
Wells Fargo
2
Wells Fargo
California
$29.1M -$6.42M -128,911 -15%
Bank of America
3
Bank of America
North Carolina
$28.9M -$4.37M -87,758 -11%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$17.1M -$9.09M -182,430 -30%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$15.7M -$6.32M -126,764 -24%
UBS Group
6
UBS Group
Switzerland
$15.1M -$24.4M -490,324 -56%
LPL Financial
7
LPL Financial
California
$10.1M -$1.62M -32,464 -11%
Citadel Advisors
8
Citadel Advisors
Florida
$9.3M +$8.2M +164,650 +239%
LFAS
9
Level Four Advisory Services
Texas
$7.8M -$1.48M -29,740 -13%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$7.22M -$723K -14,514 -7%
FTUS
11
Flow Traders U.S.
New York
$6.85M +$8.37M +168,035 +4,301%
Jane Street
12
Jane Street
New York
$6.63M +$5.54M +111,149 +200%
RJA
13
Raymond James & Associates
Florida
$6.62M -$2.21M -44,422 -21%
Truist Financial
14
Truist Financial
North Carolina
$5.7M -$4.51M -90,576 -39%
Carson Wealth (CWM LLC)
15
Carson Wealth (CWM LLC)
Nebraska
$4.83M
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$3.52M +$388K +7,782 +10%
EWM
17
EPG Wealth Management
Georgia
$3.35M +$178K +3,570 +4%
RW
18
RVW Wealth
California
$3.33M -$4.8M -96,268 -54%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$3.22M -$11.8M -236,591 -75%
LFG
20
Larson Financial Group
Missouri
$3.13M +$306K +6,135 +8%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$2.88M +$1.82M +36,461 +102%
Stifel Financial
22
Stifel Financial
Missouri
$2.63M +$171K +3,425 +5%
Osaic Holdings
23
Osaic Holdings
Arizona
$2.45M +$3.06M +61,435 New
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$2.11M -$98.3K -1,973 -4%
FAIM
25
Financial Advocates Investment Management
Washington
$2.06M +$2.37M +47,580 +1,181%

FDT Hedge Fund Activity: Q1 2020 in Review

82 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q1 2020, worth a combined $258M — down 42% from $448M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FDT and 7 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 23 added.

The largest buyer was Flow Traders U.S., adding an estimated $8.37M. The largest seller was UBS Group, cutting an estimated $24.4M.

  • 82 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q1 2020, down from 97 in Q4 2019.
  • Funds reported $258M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q1 2020, down 42% quarter-over-quarter.
  • 7 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q1 2020 and 20 closed out, a net change of -13 holders.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q1 2020 was Flow Traders U.S., an estimated $8.37M added.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q1 2020 was UBS Group, an estimated $24.4M sold.

Based on aggregated 13F filings for Q1 2020.