First Trust Germany AlphaDEX Fund
FGM
17 hedge funds and large institutions have $15.4M invested in First Trust Germany AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
6% less funds holding
Funds holding: 18 → 17 (-1)
25% less capital invested
Capital invested by funds: $20.4M → $15.4M (-$5.02M)
30.72% less ownership
Funds ownership: 108.1% → 77.38% (-31%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$4.44M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$227K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$161K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$76.7K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$5.1M |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$4.62M |
| 3 |
Jane Street
New York
|
-$1.53M |
| 4 |
Morgan Stanley
New York
|
-$103K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$35.6K |
FGM Hedge Fund Activity: Q3 2023 in Review
17 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q3 2023, worth a combined $15.4M — down 25% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FGM and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $4.44M. The largest seller was Meitav Investment House, cutting an estimated $5.1M.
- 17 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q3 2023, down from 18 in Q2 2023.
- Funds reported $15.4M of First Trust Germany AlphaDEX Fund stock for Q3 2023, down 25% quarter-over-quarter.
- 1 fund opened new First Trust Germany AlphaDEX Fund positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q3 2023 was Foundations Investment Advisors, an estimated $4.44M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q3 2023 was Meitav Investment House, an estimated $5.1M sold.
Based on aggregated 13F filings for Q3 2023.