First Trust Germany AlphaDEX Fund
FGM
16 hedge funds and large institutions have $12.5M invested in First Trust Germany AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
3.33% more ownership
Funds ownership: 77.38% → 80.72% (+3.3%)
6% less funds holding
Funds holding: 17 → 16 (-1)
19% less capital invested
Capital invested by funds: $15.4M → $12.5M (-$2.86M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.02M |
| 2 |
Goldman Sachs
New York
|
+$294K |
| 3 |
Jane Street
New York
|
+$248K |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$17.6K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$3.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$392K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$322K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$301K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$297K |
FGM Hedge Fund Activity: Q4 2023 in Review
16 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust Germany AlphaDEX Fund (FGM) for Q4 2023, worth a combined $12.5M — down 19% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGM and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $1.02M. The largest seller was Foundations Investment Advisors, cutting an estimated $3.73M.
- 16 institutional investors held First Trust Germany AlphaDEX Fund (FGM) as of Q4 2023, down from 17 in Q3 2023.
- Funds reported $12.5M of First Trust Germany AlphaDEX Fund stock for Q4 2023, down 19% quarter-over-quarter.
- 2 funds opened new First Trust Germany AlphaDEX Fund positions in Q4 2023 and 3 closed out, a net change of -1 holder.
- The largest First Trust Germany AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.02M added.
- The largest First Trust Germany AlphaDEX Fund seller in Q4 2023 was Foundations Investment Advisors, an estimated $3.73M sold.
Based on aggregated 13F filings for Q4 2023.