First Trust Consumer Discretionary AlphaDEX Fund
FXD
137 hedge funds and large institutions have $1.42B invested in First Trust Consumer Discretionary AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 14 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
26% more capital invested
Capital invested by funds: $1.12B → $1.42B (+$294M)
12% more funds holding
Funds holding: 122 → 137 (+15)
1.26% more ownership
Funds ownership: 84.5% → 85.76% (+1.3%)
11% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $3.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$23M |
| 2 |
Morgan Stanley
New York
|
+$14.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.3M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$10M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$9.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$11.7M |
| 2 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$3.79M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.87M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.12M |
FXD Hedge Fund Activity: Q1 2021 in Review
137 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2021, worth a combined $1.42B — up 26% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FXD positions and 14 closed out — a net gain of 18 holders — while 51 added to existing stakes and 32 trimmed.
The largest buyer was Wells Fargo, adding an estimated $23M. The largest seller was Financial Enhancement Group, cutting an estimated $11.7M.
- 137 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2021, up from 122 in Q4 2020.
- Funds reported $1.42B of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2021, up 26% quarter-over-quarter.
- 32 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2021 and 14 closed out, a net change of +18 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2021 was Wells Fargo, an estimated $23M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2021 was Financial Enhancement Group, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2021.