First Trust Germany AlphaDEX Fund
30 hedge funds and large institutions have $177M invested in First Trust Germany AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more funds holding
Funds holding: 28 → 30 (+2)
27.27% less ownership
Funds ownership: 103.63% → 76.36% (-27%)
31% less capital invested
Capital invested by funds: $257M → $177M (-$80M)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.23M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$615K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$466K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$218K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$82.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$34.2M |
| 2 |
Morgan Stanley
New York
|
-$7.18M |
| 3 |
Jane Street
New York
|
-$4.89M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.54M |
| 5 |
KP
Keel Point
Huntsville,
Alabama
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $9K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | -$3.71K | -101 | -32% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $6K | +$6.02K | +164 | New |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$1.54K | +42 | New |
|
|
LFG
30
LifePlan Financial Group
Dayton,
Ohio
| – | -$1.92M | -50,781 | Closed |
|
|
TFA
31
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$76K | -2,001 | Closed |
|
|
BRWM
32
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$3K | -100 | Closed |
|
FGM Hedge Fund Activity: Q3 2015 in Review
30 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2015, worth a combined $177M — down 31% from $257M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FGM positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.23M. The largest seller was First Trust Advisors, cutting an estimated $34.2M.
- 30 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2015, up from 28 in Q2 2015.
- Funds reported $177M of First Trust Germany AlphaDEX Fund stock for Q3 2015, down 31% quarter-over-quarter.
- 5 funds opened new First Trust Germany AlphaDEX Fund positions in Q3 2015 and 3 closed out, a net change of +2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2015 was Wells Fargo, an estimated $3.23M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2015 was First Trust Advisors, an estimated $34.2M sold.
Based on aggregated 13F filings for Q3 2015.