First Trust Developed Markets ex-US AlphaDEX Fund
122 hedge funds and large institutions have $312M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 66 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
2% more funds holding
Funds holding: 120 → 122 (+2)
0.06% less ownership
Funds ownership: 76.41% → 76.35% (-0.06%)
4% less capital invested
Capital invested by funds: $324M → $312M (-$11.5M)
48% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 66
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.53M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$4.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.29M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$9.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.26M |
| 3 |
Morgan Stanley
New York
|
-$4.45M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$4.39M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$3.17M |
FDT Hedge Fund Activity: Q4 2023 in Review
122 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2023, worth a combined $312M — down 3.5% from $324M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDT positions and 8 closed out — a net gain of 3 holders — while 34 added to existing stakes and 66 trimmed.
The largest buyer was Jane Street, adding an estimated $6.53M. The largest seller was LPL Financial, cutting an estimated $9.34M.
- 122 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2023, up from 120 in Q3 2023.
- Funds reported $312M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2023, down 3.5% quarter-over-quarter.
- 11 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2023 and 8 closed out, a net change of +3 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2023 was Jane Street, an estimated $6.53M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2023 was LPL Financial, an estimated $9.34M sold.
Based on aggregated 13F filings for Q4 2023.