First Trust Consumer Discretionary AlphaDEX Fund
FXD
89 hedge funds and large institutions have $248M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 49 reducing their positions, and 13 closing their positions.
3.74% more ownership
Funds ownership: 59.85% → 63.58% (+3.7%)
4% more capital invested
Capital invested by funds: $239M → $248M (+$8.86M)
9% less funds holding
Funds holding: 98 → 89 (-9)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
65% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$21.3M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$4.36M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.44M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.31M |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.8M |
| 2 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$3.56M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.16M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.94M |
| 5 |
Morgan Stanley
New York
|
-$2.65M |
FXD Hedge Fund Activity: Q3 2017 in Review
89 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q3 2017, worth a combined $248M — up 3.7% from $239M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXD and 6 opened new positions — a net loss of 7 holders — while 49 trimmed existing stakes and 17 added.
The largest buyer was Navellier & Associates, adding an estimated $21.3M. The largest seller was UBS Group, cutting an estimated $3.8M.
- 89 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q3 2017, down from 98 in Q2 2017.
- Funds reported $248M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q3 2017, up 3.7% quarter-over-quarter.
- 6 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q3 2017 and 13 closed out, a net change of -7 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q3 2017 was Navellier & Associates, an estimated $21.3M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q3 2017 was UBS Group, an estimated $3.8M sold.
Based on aggregated 13F filings for Q3 2017.