First Trust Switzerland AlphaDEX Fund
36 hedge funds and large institutions have $154M invested in First Trust Switzerland AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
9% more funds holding
Funds holding: 33 → 36 (+3)
1% more capital invested
Capital invested by funds: $152M → $154M (+$2.15M)
0.42% less ownership
Funds ownership: 92.96% → 92.54% (-0.42%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.1M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$823K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.96M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$934K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$360K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Credit Suisse
Zurich,
Switzerland
| $219K | -$934K | -18,815 | -82% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $204K | +$198K | +3,980 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $171K | – | – | – |
|
29
Citigroup
New York
| $112K | +$25.2K | +508 | +30% |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $52K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $41K | +$39.3K | +792 | New |
|
|
LFG
32
LifePlan Financial Group
Dayton,
Ohio
| $33K | – | – | – |
|
33
JP Morgan Chase
New York
| $11K | – | – | – |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
OMC
36
Old Mission Capital
Chicago,
Illinois
| – | -$360K | -7,475 | Closed |
|
|
CA
37
Cetera Advisors
Denver,
Colorado
| – | -$6K | -123 | Closed |
|
FSZ Hedge Fund Activity: Q2 2019 in Review
36 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q2 2019, worth a combined $154M — up 1.4% from $152M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSZ positions and 2 closed out — a net gain of 5 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.55M. The largest seller was First Trust Advisors, cutting an estimated $10.5M.
- 36 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q2 2019, up from 33 in Q1 2019.
- Funds reported $154M of First Trust Switzerland AlphaDEX Fund stock for Q2 2019, up 1.4% quarter-over-quarter.
- 7 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q2 2019 and 2 closed out, a net change of +5 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q2 2019 was Raymond James Financial Services Advisors, an estimated $1.55M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q2 2019 was First Trust Advisors, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2019.