First Trust Germany AlphaDEX Fund
FGM
17 hedge funds and large institutions have $10.1M invested in First Trust Germany AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
12% less capital invested
Capital invested by funds: $11.5M → $10.1M (-$1.38M)
26% less funds holding
Funds holding: 23 → 17 (-6)
32.55% less ownership
Funds ownership: 97.82% → 65.27% (-33%)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
| 2 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$696K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$176K |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$76.9K |
| 5 |
Jane Street
New York
|
+$40.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$5.15M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.36M |
| 3 |
Morgan Stanley
New York
|
-$343K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$40.6K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$19.9K |
FGM Hedge Fund Activity: Q1 2023 in Review
17 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q1 2023, worth a combined $10.1M — down 12% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FGM and 1 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.01M. The largest seller was Meitav Investment House, cutting an estimated $5.15M.
- 17 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q1 2023, down from 23 in Q4 2022.
- Funds reported $10.1M of First Trust Germany AlphaDEX Fund stock for Q1 2023, down 12% quarter-over-quarter.
- 1 fund opened new First Trust Germany AlphaDEX Fund positions in Q1 2023 and 7 closed out, a net change of -6 holders.
- The largest First Trust Germany AlphaDEX Fund buyer in Q1 2023 was Susquehanna International Group, an estimated $1.01M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q1 2023 was Meitav Investment House, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2023.