First Trust Switzerland AlphaDEX Fund
28 hedge funds and large institutions have $175M invested in First Trust Switzerland AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 29 → 28 (-1)
7.41% less ownership
Funds ownership: 82.5% → 75.1% (-7.4%)
27% less capital invested
Capital invested by funds: $240M → $175M (-$65.1M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$951K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$914K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$771K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$34.5M |
| 2 |
Morgan Stanley
New York
|
-$6.98M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.55M |
| 4 |
Goldman Sachs
New York
|
-$2.41M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $7K | +$7.74K | +195 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$1.63K | +41 | New |
|
|
LFG
28
LifePlan Financial Group
Dayton,
Ohio
| – | -$1.88M | -46,728 | Closed |
|
29
Ameriprise
Minneapolis,
Minnesota
| – | -$502K | -12,509 | Closed |
|
|
OMC
30
Old Mission Capital
Chicago,
Illinois
| – | -$298K | -7,430 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$86K | -2,150 | Closed |
|
|
TFA
32
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$76K | -1,875 | Closed |
|
FSZ Hedge Fund Activity: Q3 2015 in Review
28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2015, worth a combined $175M — down 27% from $240M a quarter earlier.
Fund positioning in FSZ was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.63M. The largest seller was First Trust Advisors, cutting an estimated $34.5M.
- 28 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2015, down from 29 in Q2 2015.
- Funds reported $175M of First Trust Switzerland AlphaDEX Fund stock for Q3 2015, down 27% quarter-over-quarter.
- 5 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2015 and 5 closed out, a net change of 0 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2015 was Jane Street, an estimated $1.63M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2015 was First Trust Advisors, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2015.