First Trust Switzerland AlphaDEX Fund
32 hedge funds and large institutions have $133M invested in First Trust Switzerland AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more funds holding
Funds holding: 29 → 32 (+3)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
10% more capital invested
Capital invested by funds: $121M → $133M (+$11.8M)
2.69% less ownership
Funds ownership: 92.26% → 89.57% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$725K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$591K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$358K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$4.41M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.52M |
| 4 |
Jane Street
New York
|
-$214K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $47K | -$27K | -529 | -38% |
|
|
LFG
27
LifePlan Financial Group
Dayton,
Ohio
| $22K | -$11.9K | -233 | -37% |
|
|
CWA
28
Carolina Wealth Advisors
Myrtle Beach,
South Carolina
| $21K | +$20.2K | +395 | New |
|
|
TFA
29
Transamerica Financial Advisors
St. Petersburg,
Florida
| $12K | -$1.07K | -21 | -9% |
|
|
AWA
30
Arkadios Wealth Advisors
Atlanta,
Georgia
| $4.27K | +$3.98K | +78 | New |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
|
WQ
32
Wealth Quarterback
Toms River,
New Jersey
| $15 | +$33.6K | +658 | New |
|
|
33
Cerity Partners
New York
| – | -$4.41M | -90,560 | Closed |
|
|
CAN
34
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$117K | -2,412 | Closed |
|
|
FAAS
35
First Allied Advisory Services
San Diego,
California
| – | -$70K | -1,429 | Closed |
|
|
QCIG
36
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$51K | -1,070 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -22 | Closed |
|
FSZ Hedge Fund Activity: Q4 2019 in Review
32 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2019, worth a combined $133M — up 9.7% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FSZ positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.61M. The largest seller was Cerity Partners, exiting entirely with an estimated $4.41M sold.
- 32 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2019, up from 29 in Q3 2019.
- Funds reported $133M of First Trust Switzerland AlphaDEX Fund stock for Q4 2019, up 9.7% quarter-over-quarter.
- 8 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2019 and 5 closed out, a net change of +3 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2019 was Morgan Stanley, an estimated $4.61M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2019 was Cerity Partners, an estimated $4.41M sold.
Based on aggregated 13F filings for Q4 2019.