First Trust Switzerland AlphaDEX Fund
25 hedge funds and large institutions have $159M invested in First Trust Switzerland AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
325% more capital invested
Capital invested by funds: $37.3M → $159M (+$121M)
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
39% more funds holding
Funds holding: 18 → 25 (+7)
20.05% more ownership
Funds ownership: 72.38% → 92.43% (+20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$113M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.06M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.28M |
| 4 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$1.68M |
| 5 |
JG
Jefferies Group
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.85M |
| 2 |
Jane Street
New York
|
-$1.03M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$681K |
| 4 |
LPL Financial
San Diego,
California
|
-$301K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
CIBC World Market
Toronto,
Ontario, Canada
| – | -$681K | -15,834 | Closed |
|
27
Creative Planning
Overland Park,
Kansas
| – | -$31K | -726 | Closed |
|
|
BRWA
28
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$21.5K | -500 | Closed |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| – | -$19K | -465 | Closed |
|
FSZ Hedge Fund Activity: Q3 2014 in Review
25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2014, worth a combined $159M — up 325% from $37.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSZ positions and 4 closed out — a net gain of 7 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $113M. The largest seller was Morgan Stanley, cutting an estimated $2.85M.
- 25 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2014, up from 18 in Q2 2014.
- Funds reported $159M of First Trust Switzerland AlphaDEX Fund stock for Q3 2014, up 325% quarter-over-quarter.
- 11 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2014 and 4 closed out, a net change of +7 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2014 was F-Squared Investment Management, an estimated $113M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2014 was Morgan Stanley, an estimated $2.85M sold.
Based on aggregated 13F filings for Q3 2014.