First Trust Germany AlphaDEX Fund
33 hedge funds and large institutions have $243M invested in First Trust Germany AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
1% more capital invested
Capital invested by funds: $241M → $243M (+$2.22M)
3% less funds holding
Funds holding: 34 → 33 (-1)
8.78% less ownership
Funds ownership: 102.44% → 93.66% (-8.8%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.3M |
| 2 |
Jane Street
New York
|
+$2.59M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.03M |
| 4 |
Morgan Stanley
New York
|
+$886K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.76M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$3.52M |
| 3 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$1.52M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$409K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$94K |
FGM Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q1 2018, worth a combined $243M — up 0.92% from $241M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FGM and 6 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 15 added.
The largest buyer was First Trust Advisors, adding an estimated $10.3M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $3.76M sold.
- 33 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q1 2018, down from 34 in Q4 2017.
- Funds reported $243M of First Trust Germany AlphaDEX Fund stock for Q1 2018, up 0.92% quarter-over-quarter.
- 6 funds opened new First Trust Germany AlphaDEX Fund positions in Q1 2018 and 7 closed out, a net change of -1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q1 2018 was First Trust Advisors, an estimated $10.3M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q1 2018 was United Capital Financial Advisors, an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2018.