First Trust Germany AlphaDEX Fund
21 hedge funds and large institutions have $83.3M invested in First Trust Germany AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $71.8M → $83.3M (+$11.6M)
5% more funds holding
Funds holding: 20 → 21 (+1)
4.65% less ownership
Funds ownership: 92.51% → 87.86% (-4.6%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.56M |
| 2 |
LPL Financial
San Diego,
California
|
+$550K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$292K |
| 4 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$230K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.62M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.96M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 4 |
Jane Street
New York
|
-$790K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$205K |
FGM Hedge Fund Activity: Q4 2020 in Review
21 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2020, worth a combined $83.3M — up 16% from $71.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGM positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.56M. The largest seller was First Trust Advisors, cutting an estimated $2.62M.
- 21 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2020, up from 20 in Q3 2020.
- Funds reported $83.3M of First Trust Germany AlphaDEX Fund stock for Q4 2020, up 16% quarter-over-quarter.
- 3 funds opened new First Trust Germany AlphaDEX Fund positions in Q4 2020 and 2 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2020 was Morgan Stanley, an estimated $5.56M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2020 was First Trust Advisors, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2020.