First Trust Switzerland AlphaDEX Fund
13 hedge funds and large institutions have $18.8M invested in First Trust Switzerland AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 1 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
27% more capital invested
Capital invested by funds: $14.8M → $18.8M (+$4.03M)
18% more funds holding
Funds holding: 11 → 13 (+2)
0.34% less ownership
Funds ownership: 70.62% → 70.28% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.46M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.76M |
| 3 |
JP Morgan Chase
New York
|
+$890K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$209K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.8M |
| 2 |
Jane Street
New York
|
-$1.07M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$37.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $11.7M | +$3.46M | +87,885 | +45% |
|
|
VKH
2
Virtu KCG Holdings
New York
| $1.85M | +$1.76M | +44,784 | New |
|
|
3
JP Morgan Chase
New York
| $1.3M | +$890K | +22,647 | +255% |
|
|
RJA
4
Raymond James & Associates
St Petersburg,
Florida
| $1.21M | +$104K | +2,649 | +10% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $1.05M | +$124K | +3,158 | +14% |
|
|
LPT
6
Legacy Private Trust
Neenah,
Wisconsin
| $494K | – | – | – |
|
7
LPL Financial
San Diego,
California
| $430K | +$46.8K | +1,191 | +13% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $412K | +$209K | +5,307 | +113% |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $292K | -$2.8M | -71,104 | -91% |
|
10
Ameriprise
Minneapolis,
Minnesota
| $74K | +$79 | +2 | +0.1% |
|
|
AIG
11
American International Group
New York
| $27.6K | +$26.3K | +670 | New |
|
|
U
12
UBS
Zurich,
Switzerland
| $21K | -$37.9K | -963 | -65% |
|
|
MFS
13
MSI Financial Services
Springfield,
Massachusetts
| $7K | +$6.45K | +164 | New |
|
|
14
Jane Street
New York
| – | -$1.07M | -28,009 | Closed |
|
FSZ Hedge Fund Activity: Q4 2013 in Review
13 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2013, worth a combined $18.8M — up 27% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FSZ positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.46M. The largest seller was Susquehanna International Group, cutting an estimated $2.8M.
- 13 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2013, up from 11 in Q3 2013.
- Funds reported $18.8M of First Trust Switzerland AlphaDEX Fund stock for Q4 2013, up 27% quarter-over-quarter.
- 3 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $3.46M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2013 was Susquehanna International Group, an estimated $2.8M sold.
Based on aggregated 13F filings for Q4 2013.