First Trust Switzerland AlphaDEX Fund
29 hedge funds and large institutions have $121M invested in First Trust Switzerland AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 18 reducing their positions, and 8 closing their positions.
0.28% less ownership
Funds ownership: 92.54% → 92.26% (-0.28%)
19% less funds holding
Funds holding: 36 → 29 (-7)
21% less capital invested
Capital invested by funds: $154M → $121M (-$33.1M)
72% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 18
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$427K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$143K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$69.7K |
| 4 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
+$14.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$14M |
| 2 |
Morgan Stanley
New York
|
-$3.34M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.02M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.13M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFG
26
LifePlan Financial Group
Dayton,
Ohio
| $31K | – | – | – |
|
|
TFA
27
Transamerica Financial Advisors
St. Petersburg,
Florida
| $12K | -$401K | -8,214 | -97% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
30
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$1.1M | -21,422 | Closed |
|
|
FFS
31
Founders Financial Securities
Towson,
Maryland
| – | -$386K | -7,532 | Closed |
|
|
HI
32
Horizon Investments
Charlotte,
North Carolina
| – | -$385K | -7,509 | Closed |
|
|
CS
33
Credit Suisse
Zurich,
Switzerland
| – | -$219K | -4,265 | Closed |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$204K | -3,980 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$41K | -792 | Closed |
|
36
JP Morgan Chase
New York
| – | -$11K | -225 | Closed |
|
FSZ Hedge Fund Activity: Q3 2019 in Review
29 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2019, worth a combined $121M — down 21% from $154M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FSZ and 1 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, adding an estimated $427K. The largest seller was First Trust Advisors, cutting an estimated $14M.
- 29 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2019, down from 36 in Q2 2019.
- Funds reported $121M of First Trust Switzerland AlphaDEX Fund stock for Q3 2019, down 21% quarter-over-quarter.
- 1 fund opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2019 and 8 closed out, a net change of -7 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2019 was Citadel Advisors, an estimated $427K added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2019 was First Trust Advisors, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2019.