First Trust Consumer Discretionary AlphaDEX Fund
FXD
65 hedge funds and large institutions have $610M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 11 reducing their positions, and 9 closing their positions.
264% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more capital invested
Capital invested by funds: $413M → $610M (+$197M)
7.38% more ownership
Funds ownership: 65.54% → 72.92% (+7.4%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
2% less funds holding
Funds holding: 66 → 65 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$53.8M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$26.8M |
| 3 |
Morgan Stanley
New York
|
+$23.8M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$17.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.67M |
| 3 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$2.31M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$502K |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$433K |
FXD Hedge Fund Activity: Q3 2013 in Review
65 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q3 2013, worth a combined $610M — up 48% from $413M a quarter earlier.
Fund positioning in FXD was balanced in Q3 2013: 9 funds opened new positions, 9 closed out, 40 added to existing stakes and 11 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $53.8M. The largest seller was Fidelity Investments, exiting entirely with an estimated $12.1M sold.
- 65 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q3 2013, down from 66 in Q2 2013.
- Funds reported $610M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q3 2013, up 48% quarter-over-quarter.
- 9 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q3 2013 and 9 closed out, a net change of 0 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $53.8M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q3 2013 was Fidelity Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2013.