First Trust Switzerland AlphaDEX Fund
20 hedge funds and large institutions have $96.4M invested in First Trust Switzerland AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 6 closing their positions.
16% more capital invested
Capital invested by funds: $83.2M → $96.4M (+$13.2M)
1.3% more ownership
Funds ownership: 84.17% → 85.47% (+1.3%)
17% less funds holding
Funds holding: 24 → 20 (-4)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.55M |
| 2 |
Jane Street
New York
|
+$1.63M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$740K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$696K |
| 5 |
Goldman Sachs
New York
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.07M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$437K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$414K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$349K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| – | -$3.29K | -60 | Closed |
|
FSZ Hedge Fund Activity: Q1 2023 in Review
20 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q1 2023, worth a combined $96.4M — up 16% from $83.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FSZ and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was First Trust Advisors, adding an estimated $2.55M. The largest seller was Morgan Stanley, cutting an estimated $1.07M.
- 20 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q1 2023, down from 24 in Q4 2022.
- Funds reported $96.4M of First Trust Switzerland AlphaDEX Fund stock for Q1 2023, up 16% quarter-over-quarter.
- 2 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q1 2023 and 6 closed out, a net change of -4 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q1 2023 was First Trust Advisors, an estimated $2.55M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q1 2023 was Morgan Stanley, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2023.