First Trust Switzerland AlphaDEX Fund
32 hedge funds and large institutions have $207M invested in First Trust Switzerland AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.15% more ownership
Funds ownership: 92.62% → 92.76% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $226M → $207M (-$19.2M)
9% less funds holding
Funds holding: 35 → 32 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.42M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$217K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$216K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$113K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$52.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.9M |
| 2 |
Morgan Stanley
New York
|
-$3.02M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$662K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$565K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$499K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
26
Quad-Cities Investment Group
Davenport,
Iowa
| $59K | – | – | – |
|
27
Citigroup
New York
| $52K | +$8.78K | +171 | +20% |
|
28
JP Morgan Chase
New York
| $24K | – | – | – |
|
|
SWP
29
Stratos Wealth Partners
Beachwood,
Ohio
| $5K | +$5.13K | +100 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | -$5.13K | -100 | -59% |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| $1K | -$396K | -7,717 | -100% |
|
|
CS
32
Credit Suisse
Zurich,
Switzerland
| – | -$428K | -8,506 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$288K | -5,742 | Closed |
|
|
FFW
34
Fusion Family Wealth
Woodbury,
New York
| – | -$64K | -1,283 | Closed |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| – | -$64K | -1,281 | Closed |
|
36
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -114 | Closed |
|
FSZ Hedge Fund Activity: Q3 2018 in Review
32 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2018, worth a combined $207M — down 8.5% from $226M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FSZ and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Jane Street, adding an estimated $4.42M. The largest seller was First Trust Advisors, cutting an estimated $19.9M.
- 32 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2018, down from 35 in Q2 2018.
- Funds reported $207M of First Trust Switzerland AlphaDEX Fund stock for Q3 2018, down 8.5% quarter-over-quarter.
- 2 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2018 and 5 closed out, a net change of -3 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2018 was Jane Street, an estimated $4.42M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2018 was First Trust Advisors, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2018.