First Trust Germany AlphaDEX Fund
32 hedge funds and large institutions have $208M invested in First Trust Germany AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
20% more capital invested
Capital invested by funds: $174M → $208M (+$34.3M)
0.32% more ownership
Funds ownership: 95.3% → 95.62% (+0.32%)
14% less funds holding
Funds holding: 37 → 32 (-5)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.9M |
| 2 |
Morgan Stanley
New York
|
+$2.38M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$910K |
| 5 |
VF
Virtu Financial
New York
|
+$831K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.77M |
| 2 |
Goldman Sachs
New York
|
-$1.24M |
| 3 |
SG Americas Securities
New York
|
-$1.06M |
| 4 |
AGM
Alpine Global Management
New York
|
-$384K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$118K |
FGM Hedge Fund Activity: Q3 2017 in Review
32 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2017, worth a combined $208M — up 20% from $174M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGM and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was First Trust Advisors, adding an estimated $12.9M. The largest seller was WBI Investments, exiting entirely with an estimated $1.77M sold.
- 32 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2017, down from 37 in Q2 2017.
- Funds reported $208M of First Trust Germany AlphaDEX Fund stock for Q3 2017, up 20% quarter-over-quarter.
- 3 funds opened new First Trust Germany AlphaDEX Fund positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2017 was First Trust Advisors, an estimated $12.9M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2017 was WBI Investments, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2017.