First Trust Switzerland AlphaDEX Fund
19 hedge funds and large institutions have $42.1M invested in First Trust Switzerland AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
13.46% less ownership
Funds ownership: 92.43% → 78.96% (-13%)
24% less funds holding
Funds holding: 25 → 19 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
73% less capital invested
Capital invested by funds: $159M → $42.1M (-$117M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$4.15M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$617K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$570K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$106M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.5M |
| 3 |
Morgan Stanley
New York
|
-$6.18M |
| 4 |
JP Morgan Chase
New York
|
-$1.3M |
| 5 |
JG
Jefferies Group
New York
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| – | -$17K | -443 | Closed |
|
|
SAM
27
Shamrock Asset Management
Dallas,
Texas
| – | -$8K | -198 | Closed |
|
28
Parallax Volatility Advisers
San Francisco,
California
| – | +$38 | +1 | New |
|
FSZ Hedge Fund Activity: Q4 2014 in Review
19 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2014, worth a combined $42.1M — down 73% from $159M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FSZ and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Atwood & Palmer, adding an estimated $4.15M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $106M sold.
- 19 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2014, down from 25 in Q3 2014.
- Funds reported $42.1M of First Trust Switzerland AlphaDEX Fund stock for Q4 2014, down 73% quarter-over-quarter.
- 4 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2014 and 9 closed out, a net change of -5 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2014 was Atwood & Palmer, an estimated $4.15M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2014 was F-Squared Investment Management, an estimated $106M sold.
Based on aggregated 13F filings for Q4 2014.