First Trust Latin America AlphaDEX Fund
21 hedge funds and large institutions have $8.91M invested in First Trust Latin America AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 9 closing their positions.
25% less funds holding
Funds holding: 28 → 21 (-7)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
79.53% less ownership
Funds ownership: 94.12% → 14.59% (-80%)
93% less capital invested
Capital invested by funds: $123M → $8.91M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.07M |
| 2 |
Jane Street
New York
|
+$934K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$858K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$471K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$73.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$99.5M |
| 2 |
Morgan Stanley
New York
|
-$6.06M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.6M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$907K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$530K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Horizon Investments
Charlotte,
North Carolina
| – | -$297K | -13,137 | Closed |
|
27
LPL Financial
San Diego,
California
| – | -$243K | -10,761 | Closed |
|
|
TFA
28
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$13K | -533 | Closed |
|
FLN Hedge Fund Activity: Q1 2020 in Review
21 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Latin America AlphaDEX Fund (FLN) for Q1 2020, worth a combined $8.91M — down 93% from $123M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FLN and 4 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.07M. The largest seller was First Trust Advisors, exiting entirely with an estimated $99.5M sold.
- 21 institutional investors held First Trust Latin America AlphaDEX Fund (FLN) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $8.91M of First Trust Latin America AlphaDEX Fund stock for Q1 2020, down 93% quarter-over-quarter.
- 4 funds opened new First Trust Latin America AlphaDEX Fund positions in Q1 2020 and 9 closed out, a net change of -5 holders.
- The largest First Trust Latin America AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $3.07M added.
- The largest First Trust Latin America AlphaDEX Fund seller in Q1 2020 was First Trust Advisors, an estimated $99.5M sold.
Based on aggregated 13F filings for Q1 2020.