First Trust Germany AlphaDEX Fund
FGM
34 hedge funds and large institutions have $241M invested in First Trust Germany AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $208M → $241M (+$33.4M)
6.82% more ownership
Funds ownership: 95.62% → 102.44% (+6.8%)
6% more funds holding
Funds holding: 32 → 34 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$13.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$3.61M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$3.38M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$2.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$2.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.72M |
| 3 |
Jane Street
New York
|
-$1.56M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$948K |
| 5 |
VF
Virtu Financial
New York
|
-$865K |
FGM Hedge Fund Activity: Q4 2017 in Review
34 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2017, worth a combined $241M — up 16% from $208M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FGM positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 6 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $13.6M. The largest seller was Stifel Financial, exiting entirely with an estimated $2.09M sold.
- 34 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2017, up from 32 in Q3 2017.
- Funds reported $241M of First Trust Germany AlphaDEX Fund stock for Q4 2017, up 16% quarter-over-quarter.
- 7 funds opened new First Trust Germany AlphaDEX Fund positions in Q4 2017 and 5 closed out, a net change of +2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2017 was First Trust Advisors, an estimated $13.6M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2017 was Stifel Financial, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2017.