First Trust Switzerland AlphaDEX Fund
29 hedge funds and large institutions have $240M invested in First Trust Switzerland AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 2 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
650% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 2
263% more capital invested
Capital invested by funds: $66.1M → $240M (+$174M)
45% more funds holding
Funds holding: 20 → 29 (+9)
11.15% less ownership
Funds ownership: 93.66% → 82.5% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$153M |
| 2 |
Morgan Stanley
New York
|
+$8.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.09M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$238K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$87K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$8.89K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12K | +$12.8K | +306 | New |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $10K | +$84 | +2 | +0.8% |
|
|
MAA
28
Managed Account Advisors
Jersey City,
New Jersey
| $7K | +$7.05K | +168 | New |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$238K | -5,900 | Closed |
|
FSZ Hedge Fund Activity: Q2 2015 in Review
29 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q2 2015, worth a combined $240M — up 263% from $66.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FSZ positions and 1 closed out — a net gain of 9 holders — while 15 added to existing stakes and 2 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $153M. The largest seller was Credit Suisse, exiting entirely with an estimated $238K sold.
- 29 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q2 2015, up from 20 in Q1 2015.
- Funds reported $240M of First Trust Switzerland AlphaDEX Fund stock for Q2 2015, up 263% quarter-over-quarter.
- 10 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q2 2015 and 1 closed out, a net change of +9 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q2 2015 was First Trust Advisors, an estimated $153M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q2 2015 was Credit Suisse, an estimated $238K sold.
Based on aggregated 13F filings for Q2 2015.