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First Trust Switzerland AlphaDEX Fund

28 hedge funds and large institutions have $175M invested in First Trust Switzerland AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

3% less funds holding

Funds holding: 2928 (-1)

7.41% less ownership

Funds ownership: 82.5%75.1% (-7.4%)

27% less capital invested

Capital invested by funds: $240M → $175M (-$65.1M)

50% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 12

Holders
28
Holders Change
-1
Holders Change %
-3.45%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
6
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$131M -$34.5M -867,775 -20%
AP
2
Atwood & Palmer
Missouri
$12.2M -$464K -11,690 -3%
Wells Fargo
3
Wells Fargo
California
$10.1M +$914K +23,019 +9%
Morgan Stanley
4
Morgan Stanley
New York
$8.02M -$6.98M -175,797 -45%
UBS Group
5
UBS Group
Switzerland
$2.53M -$2.17M -54,541 -45%
Bank of America
6
Bank of America
North Carolina
$1.87M +$771K +19,422 +63%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.64M -$3.55M -89,427 -67%
Jane Street
8
Jane Street
New York
$1.53M +$1.63M +41,116 New
RJA
9
Raymond James & Associates
Florida
$1.2M -$1.41M -35,428 -53%
Citadel Advisors
10
Citadel Advisors
Florida
$894K +$951K +23,960 New
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$780K +$7.42K +187 +0.9%
BFEC
12
Benjamin F. Edwards & Company
Missouri
$561K -$3.22K -81 -0.5%
VKH
13
Virtu KCG Holdings
New York
$502K +$223K +5,605 +71%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$453K -$551K -13,867 -53%
JP Morgan Chase
15
JP Morgan Chase
New York
$394K -$825K -20,775 -66%
BTS
16
BB&T Securities
Virginia
$312K +$42K +1,058 +14%
LPL Financial
17
LPL Financial
California
$297K -$1.55K -39 -0.5%
YMRC
18
Yorktown Management & Research Company
Virginia
$261K
AC
19
AFAM Capital
Texas
$254K -$78.8K -1,984 -23%
Goldman Sachs
20
Goldman Sachs
New York
$243K -$2.41M -60,762 -90%
Citigroup
21
Citigroup
New York
$27K +$40 +1 +0.1%
MFS
22
MSI Financial Services
Massachusetts
$15K
MA
23
MUFG Americas
New York
$14K +$15.4K +387 New
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$11K
WA
25
WFG Advisors
Texas
$9K

FSZ Hedge Fund Activity: Q3 2015 in Review

28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2015, worth a combined $175M — down 27% from $240M a quarter earlier.

Fund positioning in FSZ was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 12 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $1.63M. The largest seller was First Trust Advisors, cutting an estimated $34.5M.

  • 28 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2015, down from 29 in Q2 2015.
  • Funds reported $175M of First Trust Switzerland AlphaDEX Fund stock for Q3 2015, down 27% quarter-over-quarter.
  • 5 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2015 and 5 closed out, a net change of 0 holders.
  • The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2015 was Jane Street, an estimated $1.63M added.
  • The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2015 was First Trust Advisors, an estimated $34.5M sold.

Based on aggregated 13F filings for Q3 2015.