First Trust Germany AlphaDEX Fund
FGM
37 hedge funds and large institutions have $174M invested in First Trust Germany AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
25% more capital invested
Capital invested by funds: $139M → $174M (+$34.7M)
6% more funds holding
Funds holding: 35 → 37 (+2)
34.75% less ownership
Funds ownership: 130.05% → 95.3% (-35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$18.7M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$1.72M |
| 3 |
Goldman Sachs
New York
|
+$1.21M |
| 4 |
SG Americas Securities
New York
|
+$1.03M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$916K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.52M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$647K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$523K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$321K |
FGM Hedge Fund Activity: Q2 2017 in Review
37 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2017, worth a combined $174M — up 25% from $139M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGM positions and 4 closed out — a net gain of 2 holders — while 18 added to existing stakes and 9 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $18.7M. The largest seller was Jane Street, cutting an estimated $2.52M.
- 37 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2017, up from 35 in Q1 2017.
- Funds reported $174M of First Trust Germany AlphaDEX Fund stock for Q2 2017, up 25% quarter-over-quarter.
- 6 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2017 and 4 closed out, a net change of +2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2017 was First Trust Advisors, an estimated $18.7M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2017 was Jane Street, an estimated $2.52M sold.
Based on aggregated 13F filings for Q2 2017.