First Trust Consumer Discretionary AlphaDEX Fund
FXD
93 hedge funds and large institutions have $274M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 36 reducing their positions, and 17 closing their positions.
2,340% more call options, than puts
Call options by funds: $244K | Put options by funds: $10K
1.59% more ownership
Funds ownership: 64.05% → 65.63% (+1.6%)
11% less funds holding
Funds holding: 105 → 93 (-12)
15% less capital invested
Capital invested by funds: $320M → $274M (-$46.7M)
28% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 36
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.77M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.41M |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.54M |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$804K |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$20.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$20.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.73M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.6M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.67M |
FXD Hedge Fund Activity: Q2 2018 in Review
93 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q2 2018, worth a combined $274M — down 15% from $320M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXD and 6 opened new positions — a net loss of 11 holders — while 36 trimmed existing stakes and 26 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $4.77M. The largest seller was Navellier & Associates, exiting entirely with an estimated $20.9M sold.
- 93 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q2 2018, down from 105 in Q1 2018.
- Funds reported $274M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q2 2018, down 15% quarter-over-quarter.
- 6 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q2 2018 and 17 closed out, a net change of -11 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q2 2018 was Raymond James Financial Services Advisors, an estimated $4.77M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q2 2018 was Navellier & Associates, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2018.