First Trust Consumer Discretionary AlphaDEX Fund
FXD
75 hedge funds and large institutions have $747M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 15 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
140% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 15
22% more capital invested
Capital invested by funds: $610M → $747M (+$137M)
15% more funds holding
Funds holding: 65 → 75 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.51% less ownership
Funds ownership: 72.92% → 72.41% (-0.51%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$108M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$12.8M |
| 3 |
Morgan Stanley
New York
|
+$10.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$10.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$61.7M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$17.9M |
| 3 |
SG Americas Securities
New York
|
-$6.43M |
| 4 |
Citigroup
New York
|
-$3.01M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.1M |
FXD Hedge Fund Activity: Q4 2013 in Review
75 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q4 2013, worth a combined $747M — up 22% from $610M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FXD positions and 7 closed out — a net gain of 12 holders — while 36 added to existing stakes and 15 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $108M. The largest seller was Navellier & Associates, cutting an estimated $61.7M.
- 75 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q4 2013, up from 65 in Q3 2013.
- Funds reported $747M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q4 2013, up 22% quarter-over-quarter.
- 19 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q4 2013 and 7 closed out, a net change of +12 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $108M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $61.7M sold.
Based on aggregated 13F filings for Q4 2013.