First Trust Germany AlphaDEX Fund
33 hedge funds and large institutions have $124M invested in First Trust Germany AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
6% less funds holding
Funds holding: 35 → 33 (-2)
6.48% less ownership
Funds ownership: 95.09% → 88.62% (-6.5%)
40% less capital invested
Capital invested by funds: $205M → $124M (-$81.3M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.83M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$222K |
| 4 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
+$94.5K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$77.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$41M |
| 2 |
Morgan Stanley
New York
|
-$3.65M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.8M |
| 4 |
Jane Street
New York
|
-$2.18M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$845K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCI
26
Brinker Capital Investments
Berwyn,
Pennsylvania
| $15K | +$16.4K | +400 | New |
|
|
MIFH
27
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| $12K | – | – | – |
|
|
QCIG
28
Quad-Cities Investment Group
Davenport,
Iowa
| $11K | -$16.4K | -400 | -57% |
|
29
JP Morgan Chase
New York
| $9K | -$10.2K | -250 | -52% |
|
|
AA
30
AlphaMark Advisors
Ft. Wright,
Kentucky
| $6K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
33
LPL Financial
San Diego,
California
| – | -$253K | -5,460 | Closed |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| – | -$143K | -3,098 | Closed |
|
|
SWP
35
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$6K | -139 | Closed |
|
FGM Hedge Fund Activity: Q4 2018 in Review
33 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2018, worth a combined $124M — down 40% from $205M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGM and 1 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, adding an estimated $3.23M. The largest seller was First Trust Advisors, cutting an estimated $41M.
- 33 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2018, down from 35 in Q3 2018.
- Funds reported $124M of First Trust Germany AlphaDEX Fund stock for Q4 2018, down 40% quarter-over-quarter.
- 1 fund opened new First Trust Germany AlphaDEX Fund positions in Q4 2018 and 3 closed out, a net change of -2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2018 was Citadel Advisors, an estimated $3.23M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2018 was First Trust Advisors, an estimated $41M sold.
Based on aggregated 13F filings for Q4 2018.