First Trust Developed Markets ex-US AlphaDEX Fund
76 hedge funds and large institutions have $232M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 34 reducing their positions, and 20 closing their positions.
2.24% more ownership
Funds ownership: 62.14% → 64.38% (+2.2%)
7% less funds holding
Funds holding: 82 → 76 (-6)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
47% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 34
81% less capital inflows, than outflows
Capital inflows: $15.4M | Capital outflows: $79.2M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.44M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.02M |
| 3 |
Simplicity Solutions
Minneapolis,
Minnesota
|
+$909K |
| 4 |
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$873K |
| 5 |
AE Wealth Management
Topeka,
Kansas
|
+$734K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$10.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.3M |
| 3 |
Level Four Advisory Services
Dallas,
Texas
|
-$8.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.74M |
| 5 |
Jane Street
New York
|
-$6.64M |
FDT Hedge Fund Activity: Q2 2020 in Review
76 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2020, worth a combined $232M — down 10% from $258M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FDT and 14 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 18 added.
The largest buyer was Envestnet Asset Management, adding an estimated $7.44M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $10.9M.
- 76 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2020, down from 82 in Q1 2020.
- Funds reported $232M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2020, down 10% quarter-over-quarter.
- 14 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2020 and 20 closed out, a net change of -6 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2020 was Envestnet Asset Management, an estimated $7.44M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2020 was Raymond James Financial Services Advisors, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2020.