First Trust Germany AlphaDEX Fund
28 hedge funds and large institutions have $118M invested in First Trust Germany AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
1.86% less ownership
Funds ownership: 51.11% → 49.26% (-1.9%)
9% less capital invested
Capital invested by funds: $129M → $118M (-$11.5M)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.81M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$432K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.06M |
| 2 |
Morgan Stanley
New York
|
-$2.7M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$723K |
| 4 |
Jane Street
New York
|
-$701K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | -$4.17K | -115 | -53% |
|
|
CCM
27
Cribstone Capital Management
Augusta,
Maine
| $1K | +$762 | +21 | New |
|
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$723K | -19,764 | Closed |
|
|
29
Jane Street
New York
| – | -$701K | -19,164 | Closed |
|
|
BTS
30
BB&T Securities
Richmond,
Virginia
| – | -$221K | -6,054 | Closed |
|
|
AIG
31
American International Group
New York
| – | -$27K | -750 | Closed |
|
FGM Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2016, worth a combined $118M — down 8.9% from $129M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FGM positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $1.81M. The largest seller was First Trust Advisors, cutting an estimated $5.06M.
- 28 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2016, up from 27 in Q1 2016.
- Funds reported $118M of First Trust Germany AlphaDEX Fund stock for Q2 2016, down 8.9% quarter-over-quarter.
- 5 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2016 and 4 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2016 was Credit Suisse, an estimated $1.81M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2016 was First Trust Advisors, an estimated $5.06M sold.
Based on aggregated 13F filings for Q2 2016.