First Trust United Kingdom AlphaDEX Fund
25 hedge funds and large institutions have $74.6M invested in First Trust United Kingdom AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
4% more funds holding
Funds holding: 24 → 25 (+1)
52% less capital invested
Capital invested by funds: $154M → $74.6M (-$79.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
125.8% less ownership
Funds ownership: 214.08% → 88.28% (-126%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.23M |
| 3 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$4.04M |
| 4 |
Jane Street
New York
|
+$2.26M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$104M |
| 2 |
Morgan Stanley
New York
|
-$3.04M |
| 3 |
JP Morgan Chase
New York
|
-$1.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.28M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
26
Placemark Investments
Chicago,
Illinois
| – | -$1.17M | -30,004 | Closed |
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$781K | -20,057 | Closed |
|
28
LPL Financial
San Diego,
California
| – | -$599K | -15,595 | Closed |
|
|
SAM
29
Shamrock Asset Management
Dallas,
Texas
| – | -$8K | -202 | Closed |
|
30
Parallax Volatility Advisers
San Francisco,
California
| – | +$39 | +1 | New |
|
FKU Hedge Fund Activity: Q4 2014 in Review
25 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust United Kingdom AlphaDEX Fund (FKU) for Q4 2014, worth a combined $74.6M — down 52% from $154M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FKU positions and 6 closed out — a net gain of 2 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $16.3M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $104M sold.
- 25 institutional investors held First Trust United Kingdom AlphaDEX Fund (FKU) as of Q4 2014, up from 24 in Q3 2014.
- Funds reported $74.6M of First Trust United Kingdom AlphaDEX Fund stock for Q4 2014, down 52% quarter-over-quarter.
- 8 funds opened new First Trust United Kingdom AlphaDEX Fund positions in Q4 2014 and 6 closed out, a net change of +2 holders.
- The largest First Trust United Kingdom AlphaDEX Fund buyer in Q4 2014 was Deutsche Bank, an estimated $16.3M added.
- The largest First Trust United Kingdom AlphaDEX Fund seller in Q4 2014 was F-Squared Investment Management, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2014.