First Trust Consumer Discretionary AlphaDEX Fund
FXD
99 hedge funds and large institutions have $271M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 55 reducing their positions, and 16 closing their positions.
3.06% less ownership
Funds ownership: 64.39% → 61.34% (-3.1%)
5% less funds holding
Funds holding: 104 → 99 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
29% less capital invested
Capital invested by funds: $381M → $271M (-$110M)
73% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.06M |
| 2 |
Goldman Sachs
New York
|
+$1.86M |
| 3 |
VF
Virtu Financial
New York
|
+$1.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
| 5 |
AS
Arxis Securities
New York
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$32.2M |
| 2 |
Morgan Stanley
New York
|
-$31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$11.7M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.5M |
FXD Hedge Fund Activity: Q1 2017 in Review
99 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2017, worth a combined $271M — down 29% from $381M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FXD and 12 opened new positions — a net loss of 4 holders — while 55 trimmed existing stakes and 15 added.
The largest buyer was Stifel Financial, adding an estimated $2.06M. The largest seller was Wells Fargo, cutting an estimated $32.2M.
- 99 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2017, down from 104 in Q4 2016.
- Funds reported $271M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2017, down 29% quarter-over-quarter.
- 12 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2017 and 16 closed out, a net change of -4 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2017 was Stifel Financial, an estimated $2.06M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2017 was Wells Fargo, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2017.