First Trust Germany AlphaDEX Fund
FGM
18 hedge funds and large institutions have $20.4M invested in First Trust Germany AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
101% more capital invested
Capital invested by funds: $10.1M → $20.4M (+$10.3M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
42.84% more ownership
Funds ownership: 65.27% → 108.1% (+43%)
6% more funds holding
Funds holding: 17 → 18 (+1)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$5.16M |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$4.25M |
| 3 |
Jane Street
New York
|
+$3.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$844K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$722K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$78.5K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$48.5K |
| 4 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$34.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$33K |
FGM Hedge Fund Activity: Q2 2023 in Review
18 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q2 2023, worth a combined $20.4M — up 101% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGM positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Meitav Investment House, adding an estimated $5.16M. The largest seller was World Equity Group, exiting entirely with an estimated $722K sold.
- 18 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q2 2023, up from 17 in Q1 2023.
- Funds reported $20.4M of First Trust Germany AlphaDEX Fund stock for Q2 2023, up 101% quarter-over-quarter.
- 3 funds opened new First Trust Germany AlphaDEX Fund positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q2 2023 was Meitav Investment House, an estimated $5.16M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q2 2023 was World Equity Group, an estimated $722K sold.
Based on aggregated 13F filings for Q2 2023.