First Trust Germany AlphaDEX Fund
FGM
23 hedge funds and large institutions have $46.8M invested in First Trust Germany AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 5 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more funds holding
Funds holding: 20 → 23 (+3)
10% more capital invested
Capital invested by funds: $42.5M → $46.8M (+$4.33M)
5.16% less ownership
Funds ownership: 69.13% → 63.97% (-5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$4.18M |
| 2 |
Morgan Stanley
New York
|
+$3.16M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.85M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.96M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.77M |
| 2 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$744K |
| 3 |
Jane Street
New York
|
-$349K |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$323K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
26
Stephens Inc
Little Rock,
Arkansas
| – | -$286K | -6,749 | Closed |
|
|
BRWM
27
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$19.6K | -463 | Closed |
|
28
Citigroup
New York
| – | +$127 | +3 | New |
|
FGM Hedge Fund Activity: Q2 2014 in Review
23 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2014, worth a combined $46.8M — up 10% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FGM positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Atwood & Palmer, opening a new position worth an estimated $4.18M. The largest seller was Hays Advisory, exiting entirely with an estimated $9.77M sold.
- 23 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2014, up from 20 in Q1 2014.
- Funds reported $46.8M of First Trust Germany AlphaDEX Fund stock for Q2 2014, up 10% quarter-over-quarter.
- 8 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2014 and 5 closed out, a net change of +3 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2014 was Atwood & Palmer, an estimated $4.18M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2014 was Hays Advisory, an estimated $9.77M sold.
Based on aggregated 13F filings for Q2 2014.