First Trust United Kingdom AlphaDEX Fund
30 hedge funds and large institutions have $144M invested in First Trust United Kingdom AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 2 closing their positions.
3% less funds holding
Funds holding: 31 → 30 (-1)
12.74% less ownership
Funds ownership: 58.35% → 45.61% (-13%)
27% less capital invested
Capital invested by funds: $197M → $144M (-$52.5M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$4.82M |
| 2 |
SG Americas Securities
New York
|
+$1.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$383K |
| 4 |
Jane Street
New York
|
+$162K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$88.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$29.6M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$6.11M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.26M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.91M |
| 5 |
Morgan Stanley
New York
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $8K | -$219K | -6,044 | -97% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | -$3.69K | -102 | -35% |
|
|
GI
28
Gradient Investments
Arden Hills,
Minnesota
| $4K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $2K | -$3.69K | -102 | -65% |
|
30
Stifel Financial
St. Louis,
Missouri
| – | -$201K | -5,010 | Closed |
|
FKU Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust United Kingdom AlphaDEX Fund (FKU) for Q1 2016, worth a combined $144M — down 27% from $197M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FKU and 1 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 7 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $4.82M. The largest seller was First Trust Advisors, cutting an estimated $29.6M.
- 30 institutional investors held First Trust United Kingdom AlphaDEX Fund (FKU) as of Q1 2016, down from 31 in Q4 2015.
- Funds reported $144M of First Trust United Kingdom AlphaDEX Fund stock for Q1 2016, down 27% quarter-over-quarter.
- 1 fund opened new First Trust United Kingdom AlphaDEX Fund positions in Q1 2016 and 2 closed out, a net change of -1 holder.
- The largest First Trust United Kingdom AlphaDEX Fund buyer in Q1 2016 was HighTower Advisors, an estimated $4.82M added.
- The largest First Trust United Kingdom AlphaDEX Fund seller in Q1 2016 was First Trust Advisors, an estimated $29.6M sold.
Based on aggregated 13F filings for Q1 2016.