First Trust United Kingdom AlphaDEX Fund
28 hedge funds and large institutions have $118M invested in First Trust United Kingdom AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 7 closing their positions.
3.51% less ownership
Funds ownership: 45.61% → 42.1% (-3.5%)
7% less funds holding
Funds holding: 30 → 28 (-2)
19% less capital invested
Capital invested by funds: $144M → $118M (-$26.7M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.73M |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$446K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$210K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$161K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$46.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.61M |
| 3 |
Morgan Stanley
New York
|
-$4.21M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.35M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $3K | -$4.7K | -126 | -59% |
|
|
CCM
27
Cribstone Capital Management
Augusta,
Maine
| $1K | +$1.57K | +42 | New |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.35M | -62,547 | Closed |
|
29
Jane Street
New York
| – | -$813K | -21,589 | Closed |
|
30
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$718K | -19,067 | Closed |
|
|
KP
31
Keel Point
Huntsville,
Alabama
| – | -$286K | -7,601 | Closed |
|
|
BTS
32
BB&T Securities
Richmond,
Virginia
| – | -$206K | -5,488 | Closed |
|
|
AP
33
Atwood & Palmer
Kansas City,
Missouri
| – | -$43K | -1,149 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$2K | -55 | Closed |
|
FKU Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust United Kingdom AlphaDEX Fund (FKU) for Q2 2016, worth a combined $118M — down 19% from $144M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FKU and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $3.73M. The largest seller was First Trust Advisors, cutting an estimated $4.79M.
- 28 institutional investors held First Trust United Kingdom AlphaDEX Fund (FKU) as of Q2 2016, down from 30 in Q1 2016.
- Funds reported $118M of First Trust United Kingdom AlphaDEX Fund stock for Q2 2016, down 19% quarter-over-quarter.
- 5 funds opened new First Trust United Kingdom AlphaDEX Fund positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest First Trust United Kingdom AlphaDEX Fund buyer in Q2 2016 was Credit Suisse, an estimated $3.73M added.
- The largest First Trust United Kingdom AlphaDEX Fund seller in Q2 2016 was First Trust Advisors, an estimated $4.79M sold.
Based on aggregated 13F filings for Q2 2016.