First Trust Developed Markets ex-US AlphaDEX Fund
120 hedge funds and large institutions have $324M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 58 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
3% more funds holding
Funds holding: 117 → 120 (+3)
0.16% less ownership
Funds ownership: 76.56% → 76.41% (-0.16%)
15% less capital invested
Capital invested by funds: $383M → $324M (-$59.3M)
33% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$4.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$3.3M |
| 3 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
+$1.47M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.27M |
| 5 |
AssetMark Inc
Concord,
California
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.7M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$12.8M |
| 3 |
Morgan Stanley
New York
|
-$6.06M |
| 4 |
Jane Street
New York
|
-$2.98M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.41M |
FDT Hedge Fund Activity: Q3 2023 in Review
120 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q3 2023, worth a combined $324M — down 15% from $383M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDT positions and 9 closed out — a net gain of 3 holders — while 39 added to existing stakes and 58 trimmed.
The largest buyer was Kingsview Wealth Management, adding an estimated $4.1M. The largest seller was First Trust Advisors, cutting an estimated $28.7M.
- 120 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q3 2023, up from 117 in Q2 2023.
- Funds reported $324M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q3 2023, down 15% quarter-over-quarter.
- 12 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q3 2023 and 9 closed out, a net change of +3 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q3 2023 was Kingsview Wealth Management, an estimated $4.1M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q3 2023 was First Trust Advisors, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2023.