First Trust Germany AlphaDEX Fund
FGM
31 hedge funds and large institutions have $138M invested in First Trust Germany AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
16% more capital invested
Capital invested by funds: $118M → $138M (+$19.1M)
7% more funds holding
Funds holding: 29 → 31 (+2)
1.18% more ownership
Funds ownership: 94.18% → 95.36% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.87M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$2.99M |
| 3 |
Jane Street
New York
|
+$398K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$398K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.45M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$531K |
| 3 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$288K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$103K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$64K |
FGM Hedge Fund Activity: Q4 2019 in Review
31 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2019, worth a combined $138M — up 16% from $118M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGM positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.87M. The largest seller was First Trust Advisors, cutting an estimated $2.45M.
- 31 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2019, up from 29 in Q3 2019.
- Funds reported $138M of First Trust Germany AlphaDEX Fund stock for Q4 2019, up 16% quarter-over-quarter.
- 6 funds opened new First Trust Germany AlphaDEX Fund positions in Q4 2019 and 4 closed out, a net change of +2 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2019 was Morgan Stanley, an estimated $3.87M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2019 was First Trust Advisors, an estimated $2.45M sold.
Based on aggregated 13F filings for Q4 2019.