First Trust Switzerland AlphaDEX Fund
29 hedge funds and large institutions have $114M invested in First Trust Switzerland AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more funds holding
Funds holding: 26 → 29 (+3)
4.34% less ownership
Funds ownership: 51.41% → 47.08% (-4.3%)
12% less capital invested
Capital invested by funds: $129M → $114M (-$15.3M)
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.01M |
| 2 |
Jane Street
New York
|
+$441K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$345K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$237K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.03M |
| 2 |
Morgan Stanley
New York
|
-$2.89M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.36M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$772K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $3K | -$5.42K | -135 | -60% |
|
|
CCM
27
Cribstone Capital Management
Augusta,
Maine
| $2K | +$1.8K | +45 | New |
|
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$772K | -19,238 | Closed |
|
|
BTS
29
BB&T Securities
Richmond,
Virginia
| – | -$232K | -5,805 | Closed |
|
|
AC
30
AFAM Capital
Austin,
Texas
| – | -$202K | -5,025 | Closed |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| – | +$281 | +7 | New |
|
FSZ Hedge Fund Activity: Q2 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q2 2016, worth a combined $114M — down 12% from $129M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FSZ positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 14 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $2.01M. The largest seller was First Trust Advisors, cutting an estimated $5.03M.
- 29 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q2 2016, up from 26 in Q1 2016.
- Funds reported $114M of First Trust Switzerland AlphaDEX Fund stock for Q2 2016, down 12% quarter-over-quarter.
- 6 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q2 2016 and 3 closed out, a net change of +3 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q2 2016 was Credit Suisse, an estimated $2.01M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q2 2016 was First Trust Advisors, an estimated $5.03M sold.
Based on aggregated 13F filings for Q2 2016.