First Trust Germany AlphaDEX Fund
34 hedge funds and large institutions have $225M invested in First Trust Germany AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 33 → 34 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
1.66% less ownership
Funds ownership: 93.66% → 92% (-1.7%)
8% less capital invested
Capital invested by funds: $243M → $225M (-$18.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.08M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$967K |
| 4 |
VF
Virtu Financial
New York
|
+$656K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2M |
| 2 |
Morgan Stanley
New York
|
-$1.49M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.15M |
| 4 |
LPL Financial
San Diego,
California
|
-$589K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$446K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $71K | +$27K | +538 | +53% |
|
27
Citigroup
New York
| $70K | +$5.28K | +105 | +7% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $35K | +$452 | +9 | +1% |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $30K | – | – | – |
|
30
JP Morgan Chase
New York
| $22K | – | – | – |
|
|
QCIG
31
Quad-Cities Investment Group
Davenport,
Iowa
| $14K | +$15.1K | +300 | New |
|
|
AA
32
AlphaMark Advisors
Ft. Wright,
Kentucky
| $7K | – | – | – |
|
33
US Bancorp
Minneapolis,
Minnesota
| $5K | +$5.83K | +116 | New |
|
|
FFS
34
Founders Financial Securities
Towson,
Maryland
| – | -$357K | -7,139 | Closed |
|
|
HI
35
Horizon Investments
Charlotte,
North Carolina
| – | -$357K | -7,139 | Closed |
|
|
PFS
36
Prospera Financial Services
Dallas,
Texas
| – | -$218K | -4,416 | Closed |
|
|
SWP
37
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$7K | -139 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$5K | -105 | Closed |
|
FGM Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2018, worth a combined $225M — down 7.7% from $243M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGM positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.08M. The largest seller was Wells Fargo, cutting an estimated $2M.
- 34 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $225M of First Trust Germany AlphaDEX Fund stock for Q2 2018, down 7.7% quarter-over-quarter.
- 6 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2018 was Citadel Advisors, an estimated $3.08M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2018 was Wells Fargo, an estimated $2M sold.
Based on aggregated 13F filings for Q2 2018.