First Trust Germany AlphaDEX Fund
27 hedge funds and large institutions have $90.5M invested in First Trust Germany AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 4 closing their positions.
49.11% more ownership
Funds ownership: 43.14% → 92.24% (+49%)
7% less funds holding
Funds holding: 29 → 27 (-2)
19% less capital invested
Capital invested by funds: $112M → $90.5M (-$21M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$506K |
| 2 |
SG Americas Securities
New York
|
+$420K |
| 3 |
LPL Financial
San Diego,
California
|
+$254K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$233K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.2M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$863K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$759K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$584K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$575K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
26
Cribstone Capital Management
Augusta,
Maine
| $1K | – | – | – |
|
|
OMC
27
Old Mission Capital
Chicago,
Illinois
| – | -$863K | -23,032 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$584K | -15,563 | Closed |
|
29
Jane Street
New York
| – | -$517K | -13,797 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
FGM Hedge Fund Activity: Q4 2016 in Review
27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2016, worth a combined $90.5M — down 19% from $112M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGM and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, adding an estimated $506K. The largest seller was First Trust Advisors, cutting an estimated $15.2M.
- 27 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $90.5M of First Trust Germany AlphaDEX Fund stock for Q4 2016, down 19% quarter-over-quarter.
- 2 funds opened new First Trust Germany AlphaDEX Fund positions in Q4 2016 and 4 closed out, a net change of -2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2016 was Citadel Advisors, an estimated $506K added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2016.