First Trust Switzerland AlphaDEX Fund
28 hedge funds and large institutions have $94.8M invested in First Trust Switzerland AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
48.24% more ownership
Funds ownership: 42.87% → 91.11% (+48%)
17% more funds holding
Funds holding: 24 → 28 (+4)
14% less capital invested
Capital invested by funds: $110M → $94.8M (-$15.5M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.93M |
| 2 |
Jane Street
New York
|
+$1.35M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$528K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$470K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.81M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$370K |
| 4 |
Morgan Stanley
New York
|
-$117K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$46.6K |
FSZ Hedge Fund Activity: Q4 2016 in Review
28 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2016, worth a combined $94.8M — down 14% from $110M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FSZ positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.93M. The largest seller was First Trust Advisors, cutting an estimated $15.8M.
- 28 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $94.8M of First Trust Switzerland AlphaDEX Fund stock for Q4 2016, down 14% quarter-over-quarter.
- 5 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2016 and 1 closed out, a net change of +4 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2016 was Citadel Advisors, an estimated $1.93M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2016.