First Trust Germany AlphaDEX Fund
27 hedge funds and large institutions have $129M invested in First Trust Germany AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 19 reducing their positions, and 3 closing their positions.
7% less funds holding
Funds holding: 29 → 27 (-2)
20.52% less ownership
Funds ownership: 71.64% → 51.11% (-21%)
28% less capital invested
Capital invested by funds: $179M → $129M (-$49.9M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
84% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$938K |
| 2 |
Jane Street
New York
|
+$650K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$83.7K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$7.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$29.4M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$6.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.47M |
| 4 |
SG Americas Securities
New York
|
-$2.79M |
| 5 |
Morgan Stanley
New York
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $5K | -$2.71K | -80 | -37% |
|
|
27
SG Americas Securities
New York
| – | -$2.79M | -76,937 | Closed |
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$213K | -5,882 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | -$5K | -140 | Closed |
|
FGM Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q1 2016, worth a combined $129M — down 28% from $179M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGM and 1 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 3 added.
The largest buyer was UBS Group, adding an estimated $938K. The largest seller was First Trust Advisors, cutting an estimated $29.4M.
- 27 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q1 2016, down from 29 in Q4 2015.
- Funds reported $129M of First Trust Germany AlphaDEX Fund stock for Q1 2016, down 28% quarter-over-quarter.
- 1 fund opened new First Trust Germany AlphaDEX Fund positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q1 2016 was UBS Group, an estimated $938K added.
- The largest First Trust Germany AlphaDEX Fund seller in Q1 2016 was First Trust Advisors, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2016.