First Trust Switzerland AlphaDEX Fund
26 hedge funds and large institutions have $129M invested in First Trust Switzerland AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 5 closing their positions.
16% less funds holding
Funds holding: 31 → 26 (-5)
22.11% less ownership
Funds ownership: 73.52% → 51.41% (-22%)
30% less capital invested
Capital invested by funds: $184M → $129M (-$55.4M)
71% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 17
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.45M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$515K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$183K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$148K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$7.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$33.5M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$6.64M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.7M |
| 4 |
SG Americas Securities
New York
|
-$2.71M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Jane Street
New York
| – | -$897K | -22,370 | Closed |
|
27
Citadel Advisors
Miami,
Florida
| – | -$314K | -7,844 | Closed |
|
28
Goldman Sachs
New York
| – | -$262K | -6,520 | Closed |
|
29
Ameriprise
Minneapolis,
Minnesota
| – | -$207K | -5,158 | Closed |
|
FSZ Hedge Fund Activity: Q1 2016 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q1 2016, worth a combined $129M — down 30% from $184M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FSZ and 0 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 5 added.
The largest buyer was Old Mission Capital, adding an estimated $1.45M. The largest seller was First Trust Advisors, cutting an estimated $33.5M.
- 26 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q1 2016, down from 31 in Q4 2015.
- Funds reported $129M of First Trust Switzerland AlphaDEX Fund stock for Q1 2016, down 30% quarter-over-quarter.
- 0 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q1 2016 and 5 closed out, a net change of -5 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q1 2016 was Old Mission Capital, an estimated $1.45M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q1 2016 was First Trust Advisors, an estimated $33.5M sold.
Based on aggregated 13F filings for Q1 2016.