First Trust Switzerland AlphaDEX Fund
32 hedge funds and large institutions have $177M invested in First Trust Switzerland AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
28% more capital invested
Capital invested by funds: $138M → $177M (+$39.2M)
14% more funds holding
Funds holding: 28 → 32 (+4)
27.52% less ownership
Funds ownership: 120.81% → 93.29% (-28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$13M |
| 2 |
Cerity Partners
New York
|
+$5.19M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.44M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.08M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$702K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$507K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$189K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFW
26
Fusion Family Wealth
Woodbury,
New York
| $63K | +$61.7K | +1,283 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $38K | +$18.4K | +383 | +98% |
|
28
Citigroup
New York
| $31K | +$18.1K | +377 | +147% |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $30K | +$17.6K | +367 | +147% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
|
CCM
31
Cribstone Capital Management
Augusta,
Maine
| $2K | – | – | – |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$702K | -15,647 | Closed |
|
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$507K | -11,302 | Closed |
|
|
HCA
34
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$3.23K | -72 | Closed |
|
FSZ Hedge Fund Activity: Q2 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q2 2017, worth a combined $177M — up 28% from $138M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSZ positions and 3 closed out — a net gain of 4 holders — while 15 added to existing stakes and 6 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $13M. The largest seller was Bank of America, cutting an estimated $1.08M.
- 32 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q2 2017, up from 28 in Q1 2017.
- Funds reported $177M of First Trust Switzerland AlphaDEX Fund stock for Q2 2017, up 28% quarter-over-quarter.
- 7 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q2 2017 and 3 closed out, a net change of +4 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q2 2017 was First Trust Advisors, an estimated $13M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q2 2017 was Bank of America, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2017.