First Trust Germany AlphaDEX Fund
34 hedge funds and large institutions have $225M invested in First Trust Germany AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 33 → 34 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
1.66% less ownership
Funds ownership: 93.66% → 92% (-1.7%)
8% less capital invested
Capital invested by funds: $243M → $225M (-$18.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.08M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$967K |
| 4 |
VF
Virtu Financial
New York
|
+$656K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2M |
| 2 |
Morgan Stanley
New York
|
-$1.49M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.15M |
| 4 |
LPL Financial
San Diego,
California
|
-$589K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$446K |
FGM Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2018, worth a combined $225M — down 7.7% from $243M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGM positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.08M. The largest seller was Wells Fargo, cutting an estimated $2M.
- 34 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $225M of First Trust Germany AlphaDEX Fund stock for Q2 2018, down 7.7% quarter-over-quarter.
- 6 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2018 was Citadel Advisors, an estimated $3.08M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2018 was Wells Fargo, an estimated $2M sold.
Based on aggregated 13F filings for Q2 2018.