First Trust Latin America AlphaDEX Fund
8 hedge funds and large institutions have $5.9M invested in First Trust Latin America AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
9.11% less ownership
Funds ownership: 78.65% → 69.54% (-9.1%)
34% less capital invested
Capital invested by funds: $8.93M → $5.9M (-$3.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$298K |
| 2 |
Morgan Stanley
New York
|
+$269K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$114K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$74.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$51.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$2.94M |
| 2 |
Jane Street
New York
|
-$916K |
| 3 |
LPL Financial
San Diego,
California
|
-$196K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$6.69K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$239 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $3.17M | +$269K | +11,369 | +9% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.39M | +$74.8K | +3,163 | +6% |
|
|
3
LPL Financial
San Diego,
California
| $526K | -$196K | -8,275 | -28% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $410K | +$114K | +4,832 | +40% |
|
|
SAM
5
SignalPoint Asset Management
Springfield,
Missouri
| $304K | +$298K | +12,589 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $53K | +$51.8K | +2,192 | New |
|
|
U
7
UBS
Zurich,
Switzerland
| $37K | -$6.69K | -283 | -16% |
|
8
Citigroup
New York
| $8K | +$7.66K | +324 | New |
|
|
JCM
9
Janney Capital Management
Pittsburgh,
Pennsylvania
| – | -$2.94M | -126,215 | Closed |
|
|
10
Jane Street
New York
| – | -$916K | -39,293 | Closed |
|
|
11
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$239 | -10,280 | Closed |
|
FLN Hedge Fund Activity: Q3 2013 in Review
8 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in First Trust Latin America AlphaDEX Fund (FLN) for Q3 2013, worth a combined $5.9M — down 34% from $8.93M a quarter earlier.
Fund positioning in FLN was balanced in Q3 2013: 3 funds opened new positions, 3 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was SignalPoint Asset Management, opening a new position worth an estimated $298K. The largest seller was Janney Capital Management, exiting entirely with an estimated $2.94M sold.
- 8 institutional investors held First Trust Latin America AlphaDEX Fund (FLN) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $5.9M of First Trust Latin America AlphaDEX Fund stock for Q3 2013, down 34% quarter-over-quarter.
- 3 funds opened new First Trust Latin America AlphaDEX Fund positions in Q3 2013 and 3 closed out, a net change of 0 holders.
- The largest First Trust Latin America AlphaDEX Fund buyer in Q3 2013 was SignalPoint Asset Management, an estimated $298K added.
- The largest First Trust Latin America AlphaDEX Fund seller in Q3 2013 was Janney Capital Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q3 2013.