First Trust Latin America AlphaDEX Fund
23 hedge funds and large institutions have $101M invested in First Trust Latin America AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
35% more funds holding
Funds holding: 17 → 23 (+6)
12% less capital invested
Capital invested by funds: $114M → $101M (-$13.3M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
261.85% less ownership
Funds ownership: 1,805.68% → 1,543.82% (-262%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.33M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.72M |
| 3 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$1.36M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$750K |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.9M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$2.08M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$1.93M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$145K |
FLN Hedge Fund Activity: Q4 2016 in Review
23 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Latin America AlphaDEX Fund (FLN) for Q4 2016, worth a combined $101M — down 12% from $114M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FLN positions and 2 closed out — a net gain of 6 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.33M. The largest seller was First Trust Advisors, cutting an estimated $15.8M.
- 23 institutional investors held First Trust Latin America AlphaDEX Fund (FLN) as of Q4 2016, up from 17 in Q3 2016.
- Funds reported $101M of First Trust Latin America AlphaDEX Fund stock for Q4 2016, down 12% quarter-over-quarter.
- 8 funds opened new First Trust Latin America AlphaDEX Fund positions in Q4 2016 and 2 closed out, a net change of +6 holders.
- The largest First Trust Latin America AlphaDEX Fund buyer in Q4 2016 was Morgan Stanley, an estimated $3.33M added.
- The largest First Trust Latin America AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2016.