First Trust Switzerland AlphaDEX Fund
10 hedge funds and large institutions have $25.9M invested in First Trust Switzerland AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 4 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
37% more capital invested
Capital invested by funds: $18.8M → $25.9M (+$7.03M)
0.12% less ownership
Funds ownership: 70.28% → 70.16% (-0.12%)
23% less funds holding
Funds holding: 13 → 10 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.94M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$844K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$417K |
| 5 |
JP Morgan Chase
New York
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.85M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$912K |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$494K |
| 4 |
AIG
American International Group
New York
|
-$27.6K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $16.1M | +$3.75M | +89,294 | +32% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $3.35M | +$2.94M | +70,179 | +989% |
|
|
3
JP Morgan Chase
New York
| $1.71M | +$332K | +7,921 | +25% |
|
|
RJA
4
Raymond James & Associates
St Petersburg,
Florida
| $1.46M | +$182K | +4,338 | +15% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.3M | +$844K | +20,111 | +201% |
|
6
LPL Financial
San Diego,
California
| $652K | +$193K | +4,606 | +44% |
|
7
Stifel Financial
St. Louis,
Missouri
| $544K | +$527K | +12,552 | New |
|
|
8
Ameriprise
Minneapolis,
Minnesota
| $508K | +$417K | +9,932 | +553% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $165K | -$912K | -21,741 | -85% |
|
|
U
10
UBS
Zurich,
Switzerland
| $22K | – | – | – |
|
|
VKH
11
Virtu KCG Holdings
New York
| – | -$1.85M | -44,784 | Closed |
|
|
LPT
12
Legacy Private Trust
Neenah,
Wisconsin
| – | -$494K | -12,000 | Closed |
|
|
AIG
13
American International Group
New York
| – | -$27.6K | -670 | Closed |
|
|
MFS
14
MSI Financial Services
Springfield,
Massachusetts
| – | -$7K | -164 | Closed |
|
FSZ Hedge Fund Activity: Q1 2014 in Review
10 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q1 2014, worth a combined $25.9M — up 37% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FSZ and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $3.75M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.85M sold.
- 10 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q1 2014, down from 13 in Q4 2013.
- Funds reported $25.9M of First Trust Switzerland AlphaDEX Fund stock for Q1 2014, up 37% quarter-over-quarter.
- 1 fund opened new First Trust Switzerland AlphaDEX Fund positions in Q1 2014 and 4 closed out, a net change of -3 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $3.75M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q1 2014 was Virtu KCG Holdings, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2014.