First Trust Germany AlphaDEX Fund
35 hedge funds and large institutions have $205M invested in First Trust Germany AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
3.09% more ownership
Funds ownership: 92% → 95.09% (+3.1%)
3% more funds holding
Funds holding: 34 → 35 (+1)
9% less capital invested
Capital invested by funds: $225M → $205M (-$19.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.01M |
| 2 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
+$1.75M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$212K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$21M |
| 2 |
Morgan Stanley
New York
|
-$2.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$612K |
| 5 |
VF
Virtu Financial
New York
|
-$602K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
26
Quad-Cities Investment Group
Davenport,
Iowa
| $33K | +$19.1K | +400 | +133% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $31K | -$4.67K | -98 | -13% |
|
|
WEC
28
Winslow Evans & Crocker
Boston,
Massachusetts
| $30K | – | – | – |
|
29
JP Morgan Chase
New York
| $23K | – | – | – |
|
|
MIFH
30
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| $15K | +$15.5K | +325 | New |
|
|
AA
31
AlphaMark Advisors
Ft. Wright,
Kentucky
| $7K | – | – | – |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $6K | -$67.1K | -1,408 | -91% |
|
|
SWP
33
Stratos Wealth Partners
Beachwood,
Ohio
| $6K | +$6.63K | +139 | New |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| $1K | -$382K | -8,012 | -100% |
|
|
VF
35
Virtu Financial
New York
| – | -$602K | -13,060 | Closed |
|
36
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -116 | Closed |
|
FGM Hedge Fund Activity: Q3 2018 in Review
35 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2018, worth a combined $205M — down 8.8% from $225M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGM positions and 2 closed out — a net gain of 1 holder — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $2.01M. The largest seller was First Trust Advisors, cutting an estimated $21M.
- 35 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2018, up from 34 in Q2 2018.
- Funds reported $205M of First Trust Germany AlphaDEX Fund stock for Q3 2018, down 8.8% quarter-over-quarter.
- 3 funds opened new First Trust Germany AlphaDEX Fund positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2018 was Jane Street, an estimated $2.01M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2018 was First Trust Advisors, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2018.