First Trust Germany AlphaDEX Fund
29 hedge funds and large institutions have $118M invested in First Trust Germany AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 15 reducing their positions, and 10 closing their positions.
0.12% less ownership
Funds ownership: 94.3% → 94.18% (-0.12%)
15% less funds holding
Funds holding: 34 → 29 (-5)
15% less capital invested
Capital invested by funds: $140M → $118M (-$21.6M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
80% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$224K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$173K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$104K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$63.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.6M |
| 2 |
Morgan Stanley
New York
|
-$2.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.59M |
| 4 |
Jane Street
New York
|
-$1.37M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AlphaMark Advisors
Ft. Wright,
Kentucky
| $6K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $5K | +$5.63K | +140 | New |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | +$965 | +24 | New |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$1.34M | -32,098 | Closed |
|
31
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$944K | -22,554 | Closed |
|
|
FFS
32
Founders Financial Securities
Towson,
Maryland
| – | -$355K | -8,475 | Closed |
|
|
HI
33
Horizon Investments
Charlotte,
North Carolina
| – | -$353K | -8,448 | Closed |
|
|
SG
34
StoneX Group
New York
| – | -$238K | -5,690 | Closed |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$186K | -4,462 | Closed |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| – | -$38K | -910 | Closed |
|
|
QCIG
37
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$13K | -300 | Closed |
|
38
JP Morgan Chase
New York
| – | -$10K | -235 | Closed |
|
FGM Hedge Fund Activity: Q3 2019 in Review
29 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2019, worth a combined $118M — down 15% from $140M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FGM and 5 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.02M. The largest seller was First Trust Advisors, cutting an estimated $4.6M.
- 29 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2019, down from 34 in Q2 2019.
- Funds reported $118M of First Trust Germany AlphaDEX Fund stock for Q3 2019, down 15% quarter-over-quarter.
- 5 funds opened new First Trust Germany AlphaDEX Fund positions in Q3 2019 and 10 closed out, a net change of -5 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2019 was Susquehanna International Group, an estimated $1.02M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2019 was First Trust Advisors, an estimated $4.6M sold.
Based on aggregated 13F filings for Q3 2019.