First Trust Consumer Discretionary AlphaDEX Fund
FXD
113 hedge funds and large institutions have $1.58B invested in First Trust Consumer Discretionary AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 68 reducing their positions, and 22 closing their positions.
1.97% less ownership
Funds ownership: 81.46% → 79.48% (-2%)
11% less funds holding
Funds holding: 127 → 113 (-14)
20% less capital invested
Capital invested by funds: $1.97B → $1.58B (-$391M)
58% less funds holding in top 10
Funds holding in top 10: 12 → 5 (-7)
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
68% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.45M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.96M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.81M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$107M |
| 2 |
Morgan Stanley
New York
|
-$69.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$50.9M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$23.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$22.6M |
FXD Hedge Fund Activity: Q1 2016 in Review
113 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2016, worth a combined $1.58B — down 20% from $1.97B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FXD and 9 opened new positions — a net loss of 13 holders — while 68 trimmed existing stakes and 22 added.
The largest buyer was Goldman Sachs, adding an estimated $4.45M. The largest seller was First Trust Advisors, cutting an estimated $107M.
- 113 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2016, down from 127 in Q4 2015.
- Funds reported $1.58B of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2016, down 20% quarter-over-quarter.
- 9 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2016 and 22 closed out, a net change of -13 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2016 was Goldman Sachs, an estimated $4.45M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2016 was First Trust Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2016.