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First Trust Switzerland AlphaDEX Fund

23 hedge funds and large institutions have $77M invested in First Trust Switzerland AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

5% more funds holding

Funds holding: 2223 (+1)

1.4% less ownership

Funds ownership: 84.85%83.45% (-1.4%)

28% less capital invested

Capital invested by funds: $107M → $77M (-$30M)

79% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 14

Holders
23
Holders Change
+1
Holders Change %
+4.55%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
3
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$44.5M -$24.7M -406,674 -35%
Morgan Stanley
2
Morgan Stanley
New York
$10.8M -$39.5K -651 -0.3%
Vontobel Holding
3
Vontobel Holding
Switzerland
$6.46M -$41.8K -689 -0.6%
Jane Street
4
Jane Street
New York
$3.22M +$2.88M +47,429 +560%
CWP
5
Cyndeo Wealth Partners
Florida
$2.43M +$4.55K +75 +0.2%
Wells Fargo
6
Wells Fargo
California
$2.23M -$887K -14,599 -27%
BFEC
7
Benjamin F. Edwards & Company
Missouri
$2.23M -$45.7K -753 -2%
CCA
8
Cottonwood Capital Advisors
Utah
$1.14M -$15.7K -259 -1%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$872K +$918K +15,122 New
Stifel Financial
10
Stifel Financial
Missouri
$642K -$8.08K -133 -1%
Citadel Advisors
11
Citadel Advisors
Florida
$635K -$1.15M -18,923 -63%
LPL Financial
12
LPL Financial
California
$350K -$494K -8,130 -57%
HighTower Advisors
13
HighTower Advisors
Illinois
$336K -$6.32K -104 -2%
TFA
14
Transamerica Financial Advisors
Florida
$324K -$635K -10,457 -65%
RJA
15
Raymond James & Associates
Florida
$308K +$607 +10 +0.2%
FIA
16
Foundations Investment Advisors
Arizona
$243K +$256K +4,208 New
Osaic Holdings
17
Osaic Holdings
Arizona
$162K -$104K -1,716 -38%
MIM
18
MTM Investment Management
South Carolina
$108K
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$19K -$907K -14,937 -98%
Comerica Bank
20
Comerica Bank
Texas
$17.7K +$18.6K +307 New
TRCT
21
Tower Research Capital (TRC)
New York
$13.6K +$14.3K +235 New
UBS Group
22
UBS Group
Switzerland
$7.21K -$23.6K -389 -76%
JP Morgan Chase
23
JP Morgan Chase
New York
$2.37K +$2.43K +40 New
WAP
24
Wealthcare Advisory Partners
Pennsylvania
-$683K -11,381 Closed
WEG
25
World Equity Group
Illinois
-$674K -11,221 Closed

FSZ Hedge Fund Activity: Q3 2023 in Review

23 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q3 2023, worth a combined $77M — down 28% from $107M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FSZ positions and 4 closed out — a net gain of 1 holder — while 3 added to existing stakes and 14 trimmed.

The largest buyer was Jane Street, adding an estimated $2.88M. The largest seller was First Trust Advisors, cutting an estimated $24.7M.

  • 23 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q3 2023, up from 22 in Q2 2023.
  • Funds reported $77M of First Trust Switzerland AlphaDEX Fund stock for Q3 2023, down 28% quarter-over-quarter.
  • 5 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q3 2023 and 4 closed out, a net change of +1 holder.
  • The largest First Trust Switzerland AlphaDEX Fund buyer in Q3 2023 was Jane Street, an estimated $2.88M added.
  • The largest First Trust Switzerland AlphaDEX Fund seller in Q3 2023 was First Trust Advisors, an estimated $24.7M sold.

Based on aggregated 13F filings for Q3 2023.