First Trust Germany AlphaDEX Fund
22 hedge funds and large institutions have $67.4M invested in First Trust Germany AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 10 closing their positions.
15.57% less ownership
Funds ownership: 95.36% → 79.79% (-16%)
29% less funds holding
Funds holding: 31 → 22 (-9)
51% less capital invested
Capital invested by funds: $138M → $67.4M (-$70.1M)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$403K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$39.5K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$38.5K |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$716 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$23.6M |
| 2 |
Morgan Stanley
New York
|
-$6.16M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.57M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.22M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFS
26
Founders Financial Securities
Towson,
Maryland
| – | -$285K | -6,411 | Closed |
|
|
HI
27
Horizon Investments
Charlotte,
North Carolina
| – | -$285K | -6,411 | Closed |
|
28
LPL Financial
San Diego,
California
| – | -$234K | -5,261 | Closed |
|
|
SG
29
StoneX Group
New York
| – | -$218K | -4,899 | Closed |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$200K | -4,514 | Closed |
|
|
WQ
31
Wealth Quarterback
Toms River,
New Jersey
| – | -$16 | -603 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$1K | -24 | Closed |
|
FGM Hedge Fund Activity: Q1 2020 in Review
22 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q1 2020, worth a combined $67.4M — down 51% from $138M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FGM and 3 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.56M. The largest seller was First Trust Advisors, cutting an estimated $23.6M.
- 22 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $67.4M of First Trust Germany AlphaDEX Fund stock for Q1 2020, down 51% quarter-over-quarter.
- 3 funds opened new First Trust Germany AlphaDEX Fund positions in Q1 2020 and 10 closed out, a net change of -7 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $1.56M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q1 2020 was First Trust Advisors, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2020.