First Trust Germany AlphaDEX Fund
29 hedge funds and large institutions have $112M invested in First Trust Germany AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 28 → 29 (+1)
5% less capital invested
Capital invested by funds: $118M → $112M (-$5.97M)
6.12% less ownership
Funds ownership: 49.26% → 43.14% (-6.1%)
87% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$706K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$680K |
| 3 |
Jane Street
New York
|
+$506K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$444K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.73M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.09M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$989K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $4K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
|
CCM
28
Cribstone Capital Management
Augusta,
Maine
| $1K | – | – | – |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$1.73M | -50,000 | Closed |
|
30
LPL Financial
San Diego,
California
| – | -$273K | -8,132 | Closed |
|
|
KP
31
Keel Point
Huntsville,
Alabama
| – | -$214K | -6,198 | Closed |
|
FGM Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2016, worth a combined $112M — down 5.1% from $118M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FGM positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 15 trimmed.
The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $706K. The largest seller was First Trust Advisors, cutting an estimated $10.9M.
- 29 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2016, up from 28 in Q2 2016.
- Funds reported $112M of First Trust Germany AlphaDEX Fund stock for Q3 2016, down 5.1% quarter-over-quarter.
- 4 funds opened new First Trust Germany AlphaDEX Fund positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2016 was Itau Unibanco Holding S.A., an estimated $706K added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2016 was First Trust Advisors, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2016.