First Trust Consumer Discretionary AlphaDEX Fund
FXD
94 hedge funds and large institutions have $208M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 37 reducing their positions, and 17 closing their positions.
5.05% less ownership
Funds ownership: 66.95% → 61.9% (-5%)
8% less funds holding
Funds holding: 102 → 94 (-8)
17% less capital invested
Capital invested by funds: $249M → $208M (-$41.6M)
24% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 37
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
93% less call options, than puts
Call options by funds: $33K | Put options by funds: $452K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.47M |
| 2 |
Goldman Sachs
New York
|
+$3.28M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.14M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.63M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.14M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WSTAM
101
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$291K | -6,791 | Closed |
|
|
GTAM
102
Global Trust Asset Management
West Palm Beach,
Florida
| – | -$176K | -4,102 | Closed |
|
103
William Blair & Company
Chicago,
Illinois
| – | -$86K | -2,003 | Closed |
|
|
TPWA
104
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$64K | -1,506 | Closed |
|
|
DWM
105
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$9K | -202 | Closed |
|
|
FHA
106
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$8K | -200 | Closed |
|
|
TFA
107
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$9K | -187 | Closed |
|
|
MWM
108
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$8K | -177 | Closed |
|
|
RCAG
109
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$6.15K | -143 | Closed |
|
|
LFG
110
Larson Financial Group
St Louis,
Missouri
| – | +$297 | +7 | New |
|
FXD Hedge Fund Activity: Q3 2019 in Review
94 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q3 2019, worth a combined $208M — down 17% from $249M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXD and 10 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 28 added.
The largest buyer was Bank of America, adding an estimated $4.47M. The largest seller was Fulcrum Equity Management, cutting an estimated $19M.
- 94 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q3 2019, down from 102 in Q2 2019.
- Funds reported $208M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q3 2019, down 17% quarter-over-quarter.
- 10 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q3 2019 and 17 closed out, a net change of -7 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q3 2019 was Bank of America, an estimated $4.47M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q3 2019 was Fulcrum Equity Management, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2019.