First Trust Consumer Discretionary AlphaDEX Fund
FXD
104 hedge funds and large institutions have $381M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 56 reducing their positions, and 28 closing their positions.
10% less funds holding
Funds holding: 115 → 104 (-11)
16.84% less ownership
Funds ownership: 81.23% → 64.39% (-17%)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
70% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 56
73% less capital invested
Capital invested by funds: $1.43B → $381M (-$1.05B)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.02M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.19M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.78M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.48M |
| 5 |
VF
Virtu Financial
New York
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$627M |
| 2 |
Morgan Stanley
New York
|
-$131M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$69.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$33.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$24M |
FXD Hedge Fund Activity: Q4 2016 in Review
104 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q4 2016, worth a combined $381M — down 73% from $1.43B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FXD and 19 opened new positions — a net loss of 9 holders — while 56 trimmed existing stakes and 17 added.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $4.02M. The largest seller was First Trust Advisors, exiting entirely with an estimated $627M sold.
- 104 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q4 2016, down from 115 in Q3 2016.
- Funds reported $381M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q4 2016, down 73% quarter-over-quarter.
- 19 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q4 2016 and 28 closed out, a net change of -9 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q4 2016 was Beaumont Financial Advisors, an estimated $4.02M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $627M sold.
Based on aggregated 13F filings for Q4 2016.