First Trust Switzerland AlphaDEX Fund
33 hedge funds and large institutions have $152M invested in First Trust Switzerland AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $140M → $152M (+$12.2M)
6% more funds holding
Funds holding: 31 → 33 (+2)
0.38% more ownership
Funds ownership: 92.58% → 92.96% (+0.38%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.37M |
| 2 |
Morgan Stanley
New York
|
+$3.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.97M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.47M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.62M |
| 3 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
-$4.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.07M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
26
Quad-Cities Investment Group
Davenport,
Iowa
| $48K | – | – | – |
|
|
LFG
27
LifePlan Financial Group
Dayton,
Ohio
| $31K | -$24.1K | -513 | -45% |
|
|
TFA
28
Transamerica Financial Advisors
St. Petersburg,
Florida
| $12K | -$399K | -8,505 | -97% |
|
29
JP Morgan Chase
New York
| $11K | – | – | – |
|
|
CA
30
Cetera Advisors
Denver,
Colorado
| $6K | +$5.77K | +123 | New |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
VSWA
33
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
| – | -$4.47M | -104,619 | Closed |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$1.07M | -24,303 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
FSZ Hedge Fund Activity: Q1 2019 in Review
33 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q1 2019, worth a combined $152M — up 8.7% from $140M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FSZ positions and 3 closed out — a net gain of 2 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $9.37M. The largest seller was Jane Street, cutting an estimated $8.31M.
- 33 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $152M of First Trust Switzerland AlphaDEX Fund stock for Q1 2019, up 8.7% quarter-over-quarter.
- 5 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q1 2019 was First Trust Advisors, an estimated $9.37M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q1 2019 was Jane Street, an estimated $8.31M sold.
Based on aggregated 13F filings for Q1 2019.