First Trust Germany AlphaDEX Fund
FGM
34 hedge funds and large institutions have $140M invested in First Trust Germany AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
3% more funds holding
Funds holding: 33 → 34 (+1)
0.38% more ownership
Funds ownership: 93.91% → 94.3% (+0.38%)
3% less capital invested
Capital invested by funds: $145M → $140M (-$5.06M)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.09M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$809K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$734K |
| 5 |
Morgan Stanley
New York
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.99M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.94M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$261K |
| 4 |
LPL Financial
San Diego,
California
|
-$184K |
| 5 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $38K | +$38.4K | +910 | New |
|
|
LFG
27
LifePlan Financial Group
Dayton,
Ohio
| $37K | – | – | – |
|
|
WEC
28
Winslow Evans & Crocker
Boston,
Massachusetts
| $28K | – | – | – |
|
|
MIFH
29
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| $14K | – | – | – |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $13K | – | – | – |
|
31
JP Morgan Chase
New York
| $10K | – | – | – |
|
|
AA
32
AlphaMark Advisors
Ft. Wright,
Kentucky
| $6K | – | – | – |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$74K | -1,801 | Closed |
|
FGM Hedge Fund Activity: Q2 2019 in Review
34 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2019, worth a combined $140M — down 3.5% from $145M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FGM positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.5M. The largest seller was First Trust Advisors, cutting an estimated $9.99M.
- 34 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2019, up from 33 in Q1 2019.
- Funds reported $140M of First Trust Germany AlphaDEX Fund stock for Q2 2019, down 3.5% quarter-over-quarter.
- 4 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2019 and 1 closed out, a net change of +3 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2019 was Raymond James Financial Services Advisors, an estimated $1.5M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2019 was First Trust Advisors, an estimated $9.99M sold.
Based on aggregated 13F filings for Q2 2019.