First Trust Switzerland AlphaDEX Fund
33 hedge funds and large institutions have $219M invested in First Trust Switzerland AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
22% more funds holding
Funds holding: 27 → 33 (+6)
14% more capital invested
Capital invested by funds: $192M → $219M (+$26.4M)
7.61% more ownership
Funds ownership: 92.41% → 100.02% (+7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.5M |
| 2 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
+$2.39M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.89M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.67M |
| 5 |
Morgan Stanley
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.99M |
| 2 |
Cerity Partners
New York
|
-$545K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$538K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$363K |
| 5 |
Millennium Management
New York
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFW
26
Fusion Family Wealth
Woodbury,
New York
| $68K | – | – | – |
|
27
Citigroup
New York
| $43K | -$155 | -3 | -0.4% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $41K | – | – | – |
|
|
WAP
29
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $10K | +$10K | +194 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
|
SWP
31
Stratos Wealth Partners
Beachwood,
Ohio
| $5K | +$5.16K | +100 | New |
|
|
CCM
32
Cribstone Capital Management
Augusta,
Maine
| $2K | – | – | – |
|
|
33
Stifel Financial
St. Louis,
Missouri
| – | -$1.99M | -38,601 | Closed |
|
|
34
Millennium Management
New York
| – | -$210K | -4,095 | Closed |
|
FSZ Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2017, worth a combined $219M — up 14% from $192M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FSZ positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $12.5M. The largest seller was Stifel Financial, exiting entirely with an estimated $1.99M sold.
- 33 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2017, up from 27 in Q3 2017.
- Funds reported $219M of First Trust Switzerland AlphaDEX Fund stock for Q4 2017, up 14% quarter-over-quarter.
- 8 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2017 and 2 closed out, a net change of +6 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2017 was First Trust Advisors, an estimated $12.5M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2017 was Stifel Financial, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2017.