First Trust Switzerland AlphaDEX Fund
35 hedge funds and large institutions have $226M invested in First Trust Switzerland AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
9% more funds holding
Funds holding: 32 → 35 (+3)
0.12% less ownership
Funds ownership: 92.74% → 92.62% (-0.12%)
3% less capital invested
Capital invested by funds: $233M → $226M (-$7.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.71M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.88M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$443K |
| 5 |
Jane Street
New York
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.56M |
| 2 |
Morgan Stanley
New York
|
-$1.37M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.14M |
| 4 |
LPL Financial
San Diego,
California
|
-$556K |
| 5 |
FFS
Founders Financial Securities
Towson,
Maryland
|
-$351K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $130K | +$50.2K | +964 | +60% |
|
|
LFG
27
LifePlan Financial Group
Dayton,
Ohio
| $77K | – | – | – |
|
|
FFW
28
Fusion Family Wealth
Woodbury,
New York
| $64K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $64K | +$26.5K | +508 | +66% |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $59K | +$60.7K | +1,165 | New |
|
31
Citigroup
New York
| $43K | -$2.87K | -55 | -6% |
|
32
JP Morgan Chase
New York
| $23K | – | – | – |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $6K | +$5.94K | +114 | New |
|
|
FFS
35
Founders Financial Securities
Towson,
Maryland
| – | -$351K | -6,701 | Closed |
|
|
HI
36
Horizon Investments
Charlotte,
North Carolina
| – | -$351K | -6,701 | Closed |
|
|
SWP
37
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$5K | -100 | Closed |
|
FSZ Hedge Fund Activity: Q2 2018 in Review
35 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q2 2018, worth a combined $226M — down 3.3% from $233M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FSZ positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.71M. The largest seller was Wells Fargo, cutting an estimated $1.56M.
- 35 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q2 2018, up from 32 in Q1 2018.
- Funds reported $226M of First Trust Switzerland AlphaDEX Fund stock for Q2 2018, down 3.3% quarter-over-quarter.
- 6 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q2 2018 and 3 closed out, a net change of +3 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q2 2018 was Susquehanna International Group, an estimated $2.71M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q2 2018 was Wells Fargo, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2018.